By Isaac • May 24, 2026 10:59 pm •
A single clause in the CLARITY Act is drawing more industry attention than almost anything else in the bill. Section 404 would ban Digital Asset Service Providers and their affiliates from offering yield solely because a user holds a digital asset.
That kills the passive hold-to-earn model that defined a generation of crypto products. And it opens a fight over what comes next.
🚨THE CLARITY ACT COULD UNLOCK “YIELD-AS-A-SERVICE”
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STBL’s Joe Vollono says this may be the bill’s biggest outcome, creating an entirely new crypto market. pic.twitter.com/p94apRj2cn
— Coin Bureau (@coinbureau) May 23, 2026
CoinDesk reported that STBL Chief Commercial Officer Joe Vollono believes the CLARITY Act could create an entirely new yield-as-a-service market in
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