$LTC The US CLARITY Act is expected to complete its review between late February and early March and will ultimately be incorporated into the legal framework. Some leading platforms have explicitly stated their opposition to this proposal, making it clear how much pressure exchanges are under.

The destructive impact of this bill mainly focuses on two aspects: firstly, it directly bans interest-bearing activities for stablecoins, which is a heavy blow to the existing yield operation models; secondly, it will pave the way for officially recognized USD stablecoins and completely unlock the development space for those "digital commodity" tokens acknowledged by the SEC.

From another perspective, the current market decline may be laying the groundwork for this wave of policy benefits. Once the bill takes effect and the licensing framework is established, tokens recognized as digital commodities might see a new valuation logic. The key depends on how much the main capital wants to push the price down—this often determines the ceiling for subsequent rebounds.