Stablecoin Bill Enters Final Stage — Yield Rules and DeFi Are on the Line

Stablecoin legislation bill is one step away from crossing the finish line.Senator Thom Tillis confirmed Wednesday that a deal on digital asset yield is very close. Finalized text is expected next week.The core question is simple but massive. Can stablecoin issuers and exchanges legally offer yield on deposits and compete directly with banks. Or does that revenue stream get walled off permanently.The answer is coming…