Senate's CLARITY Act draft drives AI-routed DeFi models for stablecoin yield

On May 25, 2026, a proposed U.S. Senate CLARITY Act draft was described as pushing crypto firms to redesign stablecoin yield products around AI-driven, transaction-based DeFi strategies instead of passive interest. The draft would extend limits beyond issuers to exchanges, brokers, and custodians, effectively preventing traditional APY on idle dollar-backed stablecoin balances. Firms are exploring "Yield-as-a-Service" structures where AI agents route liquidity across protocols to earn fees and incentives, a shift analysts say could raise complexity and retail risk.