CLARITY Act 2026 legalization probability rises to 70% on Polymarket

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Summary

Risk-on assets gained momentum as Polymarket data on May 5 showed the probability of the CLARITY Act’s legalization by 2026 rising to 70%, up 24% in four days. The Act’s finalized rules on stablecoin yields now prohibit crypto firms from offering interest on stablecoin holdings, but rewards tied to real-world activity are permitted. The bill aligns with CFT (Countering the Financing of Terrorism) objectives and broader regulatory efforts to strengthen oversight.

BlockBeats news, on May 5, according to Polymarket data, the probability of the CLARITY Act being signed into law by 2026 has risen to 70%, an increase of 24% since May 1.

Previous reports indicated that the CLARITY Act's stablecoin yield rules have been finalized, prohibiting crypto companies from paying "any form of interest or yield" to customers solely for holding stablecoins, similar to bank deposits or any other interest-bearing products. However, crypto companies are permitted to offer rewards tied to "real activities." Following the announcement of the new stablecoin yield provisions, the CLARITY Act may be closer to becoming law.

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