David
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Appearances Over Time
Podcast Appearances
One, preserving yield for stablecoin holders.
Clarity Section 404 currently kills this.
We don't currently get this.
It's basically just
The Senate is either going to pick the banks or the crypto industry as a winner and a loser.
Or I'd say citizens.
It's not just the crypto industry.
It's like people.
Yes, true, true, true.
Notably, I like this line from Jake Stravitsky.
There's no valid policy reason for restricting stablecoin yield or rewards.
So there's no legal precedent.
There's no policy reason.
Somebody just gets the yield.
Either we protect the banks and we prop up that industry or we allow innovation and allow the yields to go to the stable coins, a.k.a.
end users, a.k.a.
people.
Yeah.
People are the banks.
It seems pretty clear.