Clarity Act limiting stablecoin yield to activity-based rewards is good for defi.

Circle and other stablecoin issuers will now put a lot of effort in tokenizing real world assets and their trading. That is the only way in which their market cap will grow.

People will have more incentive to bring their tokens to self custody wallets and participate in the ecosystem rather than just using centralized exchanges.

Clarity Act will provide guidelines on how security can be traded on DEXs.

Institutions will embrace stable coins and Blockchain based payment which will lead to mass adoption.

Would like to know what you think. Let me know in the comments.