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Senators Reach Compromise on Stablecoin Regulations Ahead of Hearing

3/21/2026

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Summary

Story summary

Senators Thom Tillis and Angela Alsobrooks reached a compromise that bars rewards on passive stablecoin balances within the Digital Asset Market Clarity Act.
The Biden administration is reviewing the updated legislative text, with a committee hearing potentially scheduled for late next month.
Lawmakers say the agreement could advance the legislation and be finalized by May, but a tight timeline persists due to other pressing issues.

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Story summary

Senators Thom Tillis and Angela Alsobrooks reached a compromise that bars rewards on passive stablecoin balances within the Digital Asset Market Clarity Act.
The Biden administration is reviewing the updated legislative text, with a committee hearing potentially scheduled for late next month.
Lawmakers say the agreement could advance the legislation and be finalized by May, but a tight timeline persists due to other pressing issues.