Aug 20, 2026 7:19 PM

Traditional banks are actively trying to kill the CLARITY Act because they fear stablecoin rewards will render their savings accounts obsolete. This isn't about consumer protection; it’s anti-competitive, protectionist behavior from a small group of incumbents terrified of free-market competition. With Bitcoin poised to hit $400,000 by 2030, the banking industry’s desperate attempt to block digital assets is failing. Are banks right to be afraid, or are they just being greedy?
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