The Clarity Act May Shift the Crypto Industry to an 'Earnings-as-a-Service' Model

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The Clarity Act may reshape crypto industry news by driving the sector toward an "earnings-as-a-service" model. STBL’s Joe Vollono said Section 404 could prohibit returns based solely on asset holding, shifting focus to active use. This change aligns with broader industry trends, promoting compliant earning methods and stronger capital infrastructure. AI could help manage regulated flows, supporting service providers in this evolving market.

The Clarity Act could give rise to a new "yield-as-a-service" market in the crypto industry. Joe Vollono, Chief Business Officer of STBL, said that if Section 404 of the bill is enacted, it will prohibit digital asset service providers from offering yield solely based on users holding digital assets, potentially shifting the industry from "hold-to-earn" to "use-to-earn," and driving the development of infrastructure for compliant yield strategies, fund management, lending, and collateral management. The report notes that AI could serve as the coordinating layer for regulated fund flows, with related service providers expected to benefit.

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