Republican Congressman French Hill from the U.S. House of Representatives stated that if the Senate cannot reach an agreement on stablecoin yield issues, it is recommended to directly adopt the "Clarity Act" previously passed by the House. Currently, the debate in the Senate centers on whether platforms should be allowed to offer rewards to users holding stablecoins. The banking industry is concerned that this could weaken traditional bank deposits, while the crypto industry believes that restricting yields will stifle innovation. Additionally, Hill pointed out that the recent rulemaking suggestions by the Office of the Comptroller of the Currency (OCC) regarding the "GENIUS Act" may facilitate a fair regulatory process for resolving yield disputes between banks and non-bank stablecoin issuers. (TheBlock)