Clarity Act Could Drive Growth in Crypto Yield Services

The proposed Clarity Act could significantly change how crypto investors earn returns, potentially creating a new market for “yield-as-a-service,” according to Joe Vollono, chief commercial officer at stablecoin infrastructure firm STBL.

At the center of the discussion is Section 404 of the bill, which would stop Digital Asset Service Providers (DASPs) and related firms from offering yield simply for holding digital assets. Instead of passive “hold-to-earn” rewards, the industry may shift toward more active and compliant ways of generating returns.

Joe Vollono Says Industry Is Moving to “Use-to-Earn”

Joe Vollono explained that the proposed rules could push crypto companies to develop regulated yield strategies for idle capital rather than relying on simple staking-like rewards.

He believes this shift may create opportunities for decentralized finance infrastructure, lending markets, treasury systems, collateral management platforms and automated reward tools. Vollono added that artificial intelligence could play a major role by automating capital flows and managing compliant yield systems.

Regulatory Clarity Could Attract Institutions

Supporters of the Clarity Act argue that clearer rules could finally encourage major institutions, banks and asset managers to enter crypto markets at scale. The bill is expected to define oversight between the SEC and CFTC while creating clearer standards for exchanges, stablecoins and DeFi platforms.

Banks Could Join Stablecoin Economy

Vollono also argued that banks worried about deposit losses may eventually participate in the stablecoin market by issuing their own compliant digital assets and creating new business models around blockchain-based finance.