Crypto Advocates Ramp Up CLARITY Act Push as Senate Stalls on Stablecoins and DeFi

Stand With Crypto exhorted the US Senate on April 22, 2026 to move the CLARITY Act forward during stalled negotiations about stablecoin yields and DeFi clauses. The drive follows post-Easter recess discussions, with a late-April markup projected to settle bank-industry conflicts about the $317 billion stablecoin industry.

Show of bill status shows the CLARITY Act has momentum but uneven progress: On a party-line vote, it passed the House in July 2025 and passed the Senate Agriculture in January 2026. Because of Democratic amendments concentrating on ethics and illicit finance, the Senate Banking markup has been postponed twice, so highlighting ongoing partisan conflicts over cryptocurrency legislation.

Advocacy initiatives are still wide: Stand With Crypto brought together 2.3 million members through fly-ins and letters, pushing for CFTC jurisdiction on spot commodities while maintaining SEC authority on securities. Organizations like the DeFi Education Fund objected to anti-DeFi changes, asking legislators to reject laws that might impede crypto market growth and inhibit creativity.