U.S. Senator Thom Tillis Advances Clarity Act Toward Senate Banking Committee Markup

According to crypto reporter Eleanor Terrett, U.S. Senator Thom Tillis plans to advance the Clarity Act into the Senate Banking Committee’s markup stage, with significant consensus already achieved. Tillis stated he will request the committee chair to schedule the markup session after Congress reconvenes, and expects to release legislative text on stablecoin yield provisions 4 to 5 days before the markup to allow industry stakeholders time for review.