CLARITY ACT BOMBSHELL: TradFi's $6.6T Lifeline Exposed!
Web3 giants like $COIN and $RHEA are raging. Banks drafted a bill, the "CLARITY ACT," to protect their turf. Traditional banks offer pathetic 0.01-0.5% interest. Stablecoins like $USDC and $USDT, backed by US Treasuries, yield 4-5%. If this yield passes to users via exchanges, banks face extinction. The Kansas City Fed warns of a $1.5 TRILLION lending collapse as banks could lose 25.9% of deposits. The vote is delayed indefinitely. The war is ON.
Disclaimer: This is not financial advice.
#Crypto #DeFi #Regulation #FOMO 🚀

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