đ„ The regulators who once warned investors to steer clear of highâyield stablecoins are now signing off on a deal that could pour billions into Coinbaseâs USDâbacked coin.
đ At 2:15âŻpm EST the Senate Banking Committee cleared the last hurdle, and Coinbaseâs Clarity Act yield framework is set to unlock an estimated $12âŻbillion of onâchain capital, just as market greed spikes to 73âŻ/âŻ100; #BTC hovers at $85,640 and #ETH slides to $2,693, both stuck in neutral RSI territory while the #Stablecoins narrative sharpens. Futures traders are already positioning: BTC open interest sits at $8.17âŻB with a bearish funding rate of -0.0028âŻ% (shorts paying), whereas ETHâs $6.23âŻB OI enjoys a bullish 0.0088âŻ% funding (longs paying), and smart wallets on #Solana are snapping up tokens like CNDR and AM, hinting a crossâchain liquidity scramble.
đĄ The irony deepens: the very yield regulators feared could fuel speculative fire is now being framed as a tool to tighten supply and force institutional money into the safeâhaven of fiatâbacked crypto.
â Will this Senate greenâlight turn Coinbaseâs stablecoin into the next institutional gateway, or will it spark a fresh wave of regulatory backlash?
đ At 2:15âŻpm EST the Senate Banking Committee cleared the last hurdle, and Coinbaseâs Clarity Act yield framework is set to unlock an estimated $12âŻbillion of onâchain capital, just as market greed spikes to 73âŻ/âŻ100; #BTC hovers at $85,640 and #ETH slides to $2,693, both stuck in neutral RSI territory while the #Stablecoins narrative sharpens. Futures traders are already positioning: BTC open interest sits at $8.17âŻB with a bearish funding rate of -0.0028âŻ% (shorts paying), whereas ETHâs $6.23âŻB OI enjoys a bullish 0.0088âŻ% funding (longs paying), and smart wallets on #Solana are snapping up tokens like CNDR and AM, hinting a crossâchain liquidity scramble.
đĄ The irony deepens: the very yield regulators feared could fuel speculative fire is now being framed as a tool to tighten supply and force institutional money into the safeâhaven of fiatâbacked crypto.
â Will this Senate greenâlight turn Coinbaseâs stablecoin into the next institutional gateway, or will it spark a fresh wave of regulatory backlash?
