Sen. Lummis Reports Progress on Stablecoin Interest Provisions in CLARITY Act

Senator Cynthia Lummis has indicated that lawmakers are nearly in agreement on the stablecoin interest provisions within the CLARITY Act. According to NS3.AI, Lummis highlighted that a Republican meeting held on March 24 regarding the digital asset market structure bill was notably productive. She noted that negotiations are progressing smoothly, suggesting a positive outlook for the legislative process.