CLARITY Act stablecoin deal shifts investor mood
ZeroStack CEO Daniel Reis-Faria says the CLARITY Act stablecoin deal reduces investor uncertainty but has not resolved institutional hesitation yet.Senators Tillis and Alsobrooks reached a CLARITY Act yield compromise on May 1, banning passive stablecoin yield and preserving activity-based rewards.Polymarket odds of the CLARITY Act passing in 2026 jumped from 46% to 64% hours after the stablecoin deal landed.Reis-Faria says larger investors will still hold back until implementation rules are fully in place, not just agreed in principle. The stablecoin deal was finalised on May 1 by Senators Thom Tillis and Angela Alsobrooks, drawing a clear line: crypto platforms cannot pay interest on stablecoins in any way that functions like a bank deposit. Activity-based rewards tied to payments and platform use are still permitted. As crypto.news reported, the Senate Banking Committee is now targeting a markup during the week of May 11, with a Senate floor vote targeted before the May 21 Memorial Day recess. “With lawmakers getting closer to a deal on stablecoin rules, that takes away one of the bigger reasons investors have been holding back,” said Daniel Reis-Faria, CEO of ZeroStack. The institutional hesitation that remains But Reis-Faria stopped short of calling this a turning point. “Right now, it‘s not the rules