The Digital Asset Market CLARITY Act, a major piece of U.S. crypto market structure legislation, appears closer to passage following renewed political pressure. Recent data from Santiment suggests the bill is advancing, and bettors on Polymarket now give it 62% odds of passing in 2026. The legislation faces a key hurdle over interest-bearing stablecoins, a point of contention between the crypto industry and traditional banks.
The **Digital Asset Market CLARITY Act** is moving closer to the final legislative stage, according to recent data. If passed, it would provide clearer regulatory guidance and could mark a turning point for institutional investment in cryptocurrency.
The bill’s progress has been delayed by a disagreement over interest-bearing stablecoins. While the crypto industry supports such products, traditional banks fear they could pull significant deposits away.
Senators Thom Tillis and Angela Alsobrooks are reviewing these concerns and pushing for stronger safeguards. This cautious approach has slowed the bill’s progress through Congress.
Political pressure escalated when U.S. President Donald Trump demanded the Act’s passage. “The U.S. needs to get Market Structure done, ASAP,” he wrote on Truth Social, arguing it is needed to maintain American financial leadership.
Trump linked the legislation to his goal of making the U.S. the global crypto capital. He also criticized major banks for resisting reforms despite reporting record profits.
Confidence is growing within the crypto community regarding the bill’s prospects. Senator Kevin Cramer stated, *”I think we have to make this a committee priority for some time just before Easter or shortly after.”**
Echoing this, Dan Spuller, EVP of Industry Affairs at Blockchain Association, publicly expressed increasing confidence. He added, *”We’re not going to let the banks rig the outcome.”**
The clash has become a central issue between the government and traditional banks. Patrick Witt, a crypto advisor to Trump, stated, *”Attempts to hijack the legislative process and turn it into an anti-competition bill are shameful.”**
