A new deal around stablecoin rewards has given fresh hope to the CLARITY Act — a major crypto law that’s been stuck for months.
The agreement helps solve a big fight between traditional banks and the crypto industry. But even with this progress, experts say the bill still has a long way to go.
Back in March 2026, lawmakers like Thom Tillis and Angela Alsobrooks worked with the White House to reach a “tentative deal” on stablecoin rewards.
This issue had been a major problem. Banks were worried that if crypto platforms kept offering rewards on stablecoins, people would start moving their money out of banks and into crypto instead.
So this agreement is seen as a big step forward. In fact, the White House called it an important milestone toward getting the bill passed.
But the job isn’t done yet.
Experts, including those from Galaxy Digital, say there are still several big issues left. These include how to regulate DeFi (decentralized finance), how to protect developers, and how much power the Securities and Exchange Commission should have.
Another big problem? Time.
Analysts warn that if the CLARITY Act doesn’t move forward soon, it could miss its chance this year. If it doesn’t pass key steps in the Senate by the end of April, the chances of it becoming law in 2026 drop sharply.
In short, the deal on stablecoins is good news — but it’s only one piece of the puzzle.
Lawmakers now need to quickly sort out the remaining issues if they want this bill to actually become law.
