JUST IN: Rep. Bryan Steil says he's optimistic the Senate can finally get the Clarity Act across the finish line next week. This after Trump & Senate Republicans (No Dems) met this week to push the bill forward. Last week we saw major news on BlackRock, JPMorgan, Citi, State Street, SWIFT, and hundreds of other institutions are already building public blockchain infrastructure into the backbone of finance. They're testing networks like Hedera, Ethereum, XRP Ledger, Solana, Besu, Hashgraph, Canton, and others for tokenized assets, collateral, and settlement. If the CLARITY Act passes, it would provide the regulatory framework many institutions have been waiting for to move beyond pilots and expand adoption. The biggest financial players in the world are preparing for a multi-chain future. Congress now has a chance to give them the regulatory clarity to build it in the U.S.
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