The North Carolina Bankers Association urged member banks to call Sen. Thom Tillis this week. The business community wants to completely ban the payment of stablecoin yields in the CLARITY Act.
Management sent out an internal email containing pre-written notes to bank employees. It described the current language of the compromise as insufficient to prevent the transfer of deposits to stablecoins.
Lobby Banking Increases Pressure on Stablecoin Yields
An employee at a small Wilmington-based bank says he shared the email, with management and distributed it on behalf of NCBankers.
The documentation requires what it calls “breath control” on fixed yield and payment stablecoins. It also looks at graphics on loyalty programs and other events.
Employees were told they did not need to answer questions or defend their positions. The email said they should just deliver the message and hang up.
CLARITY Act Markup Approaches With Unresolved Yield Dispute
The effort comes as the Senate Banking Committee is planning the CLARITY Act brand.
Senators Tillis and Angela Alsobrooks they made the deal in March which prohibits partial harvesting but allows for performance-based rewards based on events.
Banks argue that the drawings still contribute to productivitystablecoin Holdings. However, a report by the White House Council of Economic Advisers refuted this theory.
The approval of the full yield will eliminate $2.1 billion in borrowing, Only 0.02% of all loans.
The CLARITY Act passed the House 294-134 in July 2025. A Senate Banking Committee hearing is expected in late April, although the schedule remains fluid.
A note NC Banks Push to Ban Stablecoin Yields on CLARITY Act appeared for the first time BeInCrypto.
