Lawmakers Recast Stablecoins as Payments Tools in CLARITY Act Compromise

The digital asset industry’s path toward federal oversight in the United States has, over time, taken on the defining features of the sector itself. Those features are cryptocurrency’s fragmentation, volatility and resistance to single-jurisdiction consensus. However, a Friday (May 1) agreement reportedly struck between key lawmakers appears to have potentially resolved one of the most contentious issues in digital asset policy and unlocked renewed momentum for the long-stalled CLARITY Act .