Rick Edelman argues that the crypto community may be overly focused on demanding yield from stablecoins as a condition for supporting new legislation. He suggests that insisting on this specific outcome could be a misplaced priority, calling it "not the hill to die on." According to Edelman, banks are likely to prevail in the stablecoin debate due to their established infrastructure and regulatory familiarity. He examines why financial institutions oppose the Clarity Act and questions whether crypto advocates are overestimating their influence in shaping policy.
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