This podcast dissects the "CLARITY Act," arguing it's a strategic legislative maneuver by 53 banking associations, not for consumer protection, but to shield their $6.6 trillion in deposits from the competitive yield offered by stablecoins. .
It reveals how Section 404 of the Act aims to make stablecoin yield payments illegal, thereby preserving bank profits at the expense of retail customers and financial innovation.
For the ordinary person… the only escape from this control is to own assets in self custody outside the system… Learn more about this in the DBM Wealth Builder Series HERE
In the meantime… stack those SATS daily for FREE HERE
