The landmark CLARITY Act establishing comprehensive federal framework for digital assets has hit a significant four-way impasse in Congress. Traditional banking lobbies oppose provisions allowing stablecoin yield features, while DeFi platforms and crypto industry push for flexible innovation rules. The deadlock involves conflicts over stablecoin economics that could trigger massive deposit migration from banks. Despite earlier optimism about resolution being 'very close,' political realities and timing have intervened to stall progress.
U.S. Congress Crypto Bill Faces Four-Way Deadlock
C
CoinReporter
Saturday, April 4, 2026·5 min read·Regulation
#CLARITY Act#Congress#stablecoins#banking lobby
