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在美国,关于禁止稳定币被动收益的争论愈演愈烈,导致《CLARITY法案》的推进受阻,银行和加密货币公司之间的冲突也加剧了这一局面。银行警告称,USDC等稳定币高达3.5%-4%的收益率可能会引发传统账户(收益率仅为0.01%-0.50%)的资金外流。Coinbase等加密货币交易所面临收入下降的风险,如果禁止收益,散户参与度也可能降低,从而可能减缓稳定币的普及。行业或许可以通过基于活动的激励机制来适应,但更广泛的监管清晰度被视为长期增长的关键。