🏛 Trump presses banks.
The situation surrounding the CLARITY bill has reached a peak. Trump has openly ordered banks to stop the war against crypto.
What is the essence of the conflict?
The banking lobby fears that allowing stablecoin issuers to pay yields will lead to a mass withdrawal of deposits. Why keep money in a bank for meager interest rates when a regulated digital dollar will yield more?
🕵️
Money flows where it's profitable: The adoption of CLARITY in its current form could redirect up to $1 trillion from traditional banks into the crypto sphere within 2 years.
Elizabeth Warren and the banking lobby are serious opponents. Without Trump's personal intervention, the law could be "castrated" by banning yield payments.
🗣️If the law passes without banking amendments — this is a Global Bullish Case. Stablecoins will become the main transactional layer of the economy. This will give a colossal boost to Ethereum and Solana, where these assets are based.
Short-term turbulence in the US banking sector due to liquidity shortages may also affect risk assets.
We are on the brink of legalizing passive income in crypto at the state level. This will change the rules of the game forever.
$BTC
$XRP
$ETH
The situation surrounding the CLARITY bill has reached a peak. Trump has openly ordered banks to stop the war against crypto.
What is the essence of the conflict?
The banking lobby fears that allowing stablecoin issuers to pay yields will lead to a mass withdrawal of deposits. Why keep money in a bank for meager interest rates when a regulated digital dollar will yield more?
🕵️
Money flows where it's profitable: The adoption of CLARITY in its current form could redirect up to $1 trillion from traditional banks into the crypto sphere within 2 years.
Elizabeth Warren and the banking lobby are serious opponents. Without Trump's personal intervention, the law could be "castrated" by banning yield payments.
🗣️If the law passes without banking amendments — this is a Global Bullish Case. Stablecoins will become the main transactional layer of the economy. This will give a colossal boost to Ethereum and Solana, where these assets are based.
Short-term turbulence in the US banking sector due to liquidity shortages may also affect risk assets.
We are on the brink of legalizing passive income in crypto at the state level. This will change the rules of the game forever.
$BTC
$XRP
$ETH