Senate Postpones CLARITY Act Draft Release; Industry Still Says Stablecoin Rewards Deal Could Arrive in Days

The release of the CLARITY Act draft text, which had been expected this week, has been postponed, according to a statement from Senate Banking Committee Chair Thom Tillis’s office; a source familiar with the matter said the delay is tied to concerns about releasing the draft publicly at this time ^[1].

Despite the postponement, industry figures expressed optimism that a deal on stablecoin yields and reward mechanisms could be reached quickly: Coinbase Chief Legal Officer Paul Grewal said a stablecoin agreement could come within days or within 48 hours, and coverage of the CLARITY Act notes the bill seeks to clarify SEC vs. CFTC oversight while market participants remain divided on the bill’s prospects this year ^{[2] [3] [4]}.

The public release of the draft has been delayed even as industry leaders predict a rapid resolution; the timing for a formal, public text remains uncertain pending further developments ^{[1] [3]}.