Cointelegraph•Tuesday, May 5, 2026 at 07:07 AM•1 min read
Stablecoin proposal still ‘falls short’ of protecting bank deposits: US banks
The Signal TakeNeutral
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9wYXlsb2FkLmx1bS10cmkub3JnL2FwaS9hcnRpY2xlLWNvdmVycy9maWxlL1JlZ3VsYXRpb24lMjBTZW1lbiUyMGxvdCUyMG9mJTIwcGFwZXJzJTIwQ2xhcml0eSUyMEFjdC5qcGc/cHJlZml4PW1lZGlhJTJGYXJ0aWNsZS1jb3ZlcnM=.jpg" alt="Stablecoin proposal still ‘falls short’ of protecting bank deposits: US banks" class="type:primaryImage"></p><p>US Senator Thom Tillis said the current text of the CLARITY Act offers a compromise for the crypto industry and banks and provides a bipartisan path for the bill’s passage.</p>
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
Bitcoin used to hate inflation. Now it might be the opposite
CoinDesk•4h ago
Ripple to share North Korean threat intelligence with crypto firms
CoinDesk•5h ago
Polygon rolls out private stablecoin payments targeting institutions
Cointelegraph•5h ago
Bitcoin crosses $81,000, ETH, SOL, DOGE steady as options desks bid on further price jump
CoinDesk•5h ago