Tom Farley, CEO of Bullish and former NYSE President, is calling out big banks over their fierce opposition to the Digital Asset Market CLARITY Act. Farley says he is "not 1,000% convinced" that Wall Street's lobbying is truly about shielding small community banks from deposit flight to stablecoins. Instead, he suggests it is more about protecting their own profitable business model. Under the current system, major banks pay depositors tiny interest rates while investing those funds in high-yield Treasuries to capture the spread. The CLARITY Act's latest compromise bans passive interest on payment stablecoins but permits activity-based transaction rewards. Yet big banks and trade groups like the ABA and ICBA continue pushing for stricter language. Patrick Witt of the President’s Council of Advisors for Digital Assets backed Farley's view with a blunt remark on whether the same institutions that have been gobbling up community bank market share for the past 30 years truly have smaller banks' best interests at heart.