CLARITY Act Breakthrough Nears, but Deaton Says the Clock Is Nearly Up

SUMMARY

• Banks and crypto firms have reportedly reached a deal on the key stablecoin yield issue.
• That removes a major roadblock, but the bill still needs fast movement.
• John Deaton warns the CLARITY Act could die if it slips into summer.
• The next few weeks may decide whether the bill advances or stalls again.

FULL CONTEXT
The biggest update is that the stablecoin yield fight appears to be easing, which could unlock the next stage of the bill. But Deaton’s warning is about timing: once election season ramps up, lawmakers may stop focusing on crypto altogether.

That means the real risk is not just opposition — it’s delay. If the bill misses this window, the chances of passing in 2026 drop sharply.

WHY IT MATTERS
A successful vote would give the U.S. clearer crypto market rules. A delay would likely push the issue into a far more political and less productive environment.

DISCUSSION HOOK
Is this the breakthrough CLARITY needed, or is the window already closing?