Coinbase reaches deal on CLARITY Act that bans crypto platforms from offering passive yields on stablecoins, pushing Polymarket odds near 62% as Senate markup talk shifts to May 11.
Democrats and Thom Tillis are demanding crypto ethics language before the CLARITY Act can move, keeping passage uncertain even as adoption pressure builds.
Banks are escalating their fight over stablecoin yield in the CLARITY Act, while Polymarket still shows only 54% odds of passage and bitcoin trades near 75.7K.
White House crypto adviser Patrick Witt says the stablecoin-yield compromise is holding, Senate talks restarted on April 14, and Polymarket still fell to 54%.