US Senator: Parties May Need to Compromise on Stablecoin "Clarity Act"

Jinse Finance reported that, according to a post by crypto journalist Eleanor Terrett, at the American Bankers Association (ABA) Summit in Washington, Senator Alsobrooks told community bankers that all parties may need to make compromises during the advancement of the Clarity Act, stating that "perfection should not be the enemy of achieving our goals." She revealed that she and Senator Thom Tillis are jointly advancing a compromise proposal aimed at preventing deposit outflows while leaving room for innovative development.