Two U.S. senators issued a joint statement on a compromise on stablecoin yields, saying they would push for the passage of the CLARITY Act.

CoinFeed reported on May 5th that Fox Business reporter Eleanor Terrett published an article on the X platform stating that US Senators Thom Tillis and Angela Alsobrooks issued a joint statement regarding a compromise on stablecoin rewards under Section 404 of the Clarity Act. This statement may indicate that the relevant agreement is nearing finalization. The statement said that the two senators have discussed with various stakeholders concerns about the banking industry's outflow of deposits, and the proposed compromise would prohibit stablecoin rewards similar to bank deposit interest rates, while allowing crypto companies to offer other forms of customer rewards.