According to Eleanor Terrett, Patrick Witt said in a Monday interview that a compromise was reached on the stablecoin yield issue, indicating movement in ongoing US stablecoin legislation (source: Eleanor Terrett on X, Jan 13, 2026). According to Eleanor Terrett, it is now past the 5pm ET deadline for senators’ amendments to the text released the prior night by Senate Banking Republicans, a procedural milestone traders tracking regulation should note (source: Eleanor Terrett on X, Jan 13, 2026).

According to Eleanor Terrett, the latest 278-page bipartisan Senate draft says companies cannot pay interest solely for holding stablecoin balances, with the restriction detailed on page 189 (source: Eleanor Terrett on X, Jan 13, 2026, https://x.com/EleanorTerrett/status/2010939486168105173). Rewards are allowed only when tied to account opening or activity such as transactions, staking, providing liquidity, posting collateral, or participating in network governance (source: Eleanor Terrett on X, Jan 13, 2026, https://x.com/EleanorTerrett/status/2010939486168105173). Terrett also reports Senators have 48 hours to propose amendments, so these provisions may change before Thursday (source: Eleanor Terrett on X, Jan 13, 2026, https://x.com/EleanorTerrett/status/2010939486168105173). For traders, this draft structure implies passive APY on idle stablecoin balances would be disallowed if enacted, while activity-based yield via staking/liquidity/governance pathways could remain permissible (source: Eleanor Terrett on X, Jan 13, 2026, https://x.com/EleanorTerrett/status/2010939486168105173). Near term, monitor issuer and exchange updates to stablecoin reward terms and any shifts toward activity-linked programs as the 48-hour amendment window progresses (source: Eleanor Terrett on X, Jan 13, 2026, https://x.com/EleanorTerrett/status/2010939486168105173).