Impact of the CLARITY Act on Stablecoins and Crypto

Been trying to wrap my head around this CLARITY Act and how it could impact stablecoin yields and crypto platforms if it gets through. Some folks think clearer regulations might actually attract more big money into the space and make things safer overall... but could that also mean our yields take a hit in the future? Like, if stablecoin reserves get stricter rules, could returns end up looking more like Treasury rates instead of what we see now? And what’s the vibe on the obstacles before the next midterms? Is it realistic for this to pass soon?