The end of the separation between banks and crypto, according to an advisor.

The boundary between traditional banks and crypto could soon disappear. In Davos, David Sacks, crypto advisor to the White House, stated that these two worlds will soon form one. In fact, the CLARITY Act, a decisive bill for the future of the sector in the United States, is at stake. Behind the debates about the performance of stablecoins, a complete reconfiguration of the financial industry is taking shape, amid political tensions, power struggles, and strategic ambitions.

The CLARITY Act, a U.S. bill, seeks to structure the crypto market but faces a blockade on the issue of stablecoin performance.

David Sacks, crypto advisor at the White House, claims that this text is key to an upcoming merger between traditional banks and the crypto industry.

Banking actors oppose the yields of stablecoins, fearing a deposit flight, while crypto companies see a lever for innovation.

Despite the current tensions, Washington envisions a unified digital asset industry, where banks and crypto will operate under the same framework.

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