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A question to raise: can you accept stablecoins that cannot generate yield and have no DeFi attributes?
Behind this actually lies the core contradiction between the White House and a leading compliant platform over the past few days. Many people haven't yet understood what this friction is really about.
The story begins with the CLARITY Act, which has been a hot topic for over a year. This bill was originally expected to be a major opportunity for US crypto legislation in 2025-2026. The White House has also been promoting this framework, and their attitude seems relatively friendly. But the problem lies in the details—different stakeholders have completely different understandings of core attributes such as the definition of "stablecoins," yield generation rights, and DeFi access. One side wants a strict, purely payment tool positioning, while the other hopes to retain financial attributes and potential earnings. These disagreements are affecting the overall direction of the bill.