Dossier
ban on idle balances
Coverage of ban on idle balances in the Nexus archive.
- Clarity Act’s stablecoin yield language pushed back; ban on idle balances still intact
The Clarity Act's proposed language regarding stablecoin yields has been delayed, but the provision banning rewards on idle stablecoin balances remains unchanged. A source from The Block confirmed that the latest version of the bill reflects prior language that prohibits such rewards.