Congress Sets February 20 Vote on CLARITY Act to Decide Rules for Stablecoin Yields

On February 20, Congress is scheduled to vote on the CLARITY Act, a bill that would define how yields on stablecoins are treated under U.S. law. Lawmakers will debate the regulatory framework for stablecoin interest payments and how these products can be offered to investors. The outcome could shape how banks, fintech firms, and crypto platforms structure dollar-pegged digital assets.