The Senate is moving forward on the Clarity Act as @LeaderJohnThune files cloture on the motion to proceed. DSA Managing Director @AdrianWall8395 shares his perspective below:

The U.S. has an opportunity to lead the next era of digital finance, but that leadership is not guaranteed. With 88% of crypto trading already taking place offshore and 81% of developers based outside the U.S., the cost of regulatory uncertainty is clear. The Clarity Act can help bring more innovation and activity back to American soil while giving the industry the rules it needs to grow. We thank @SenLummis for continuing to fight for clear, durable rules. 🇺🇸

Stablecoins are already delivering real world value at global scale, and networks like @trondao are helping power that growth. 🌐 The volume of USDT demonstrates the growing demand for faster, more efficient, and accessible payments. As adoption continues to accelerate, policymakers should provide the regulatory clarity needed to support innovation and reinforce U.S. leadership in digital finance.

The Senate leaves for August recess on Friday. If the Clarity Act gets its floor vote first, more than 70 million American crypto owners gain the core protections investors in every other market take for granted. Here's what changes the day it becomes law. 🧵

💡 This past Thursday, the DSA continued its four-part educational series with students at @SAES High School, with Professor Charles CY Wang, from @HarvardHBS, returning to lead the third session. Following the group's earlier discussion of @coinbase, this case study turned to @WellsFargo, examining accountability in traditional banking, the fragility of consumer trust, and what happens to a franchise when that trust is broken. Students worked through how incentives, culture, and governance shape institutional behavior, and why credibility is one of the hardest assets for a financial institution to rebuild. One session left in the series! We're excited for the finale and grateful to Professor Wang and the St. Andrew's community for such thoughtful engagement. 📚

What a great day at Stanford with @StanfordSBA! 🔥 @MollyWoodman, Senior Policy Advisor at the DSA, attended the Blockchain Applications Stanford Summit (BASS) alongside @SamElfa0, Community Spokesperson at @trondao. BASS is the focal point of Stanford's blockchain ecosystem bringing together leaders at the intersection of AI, finance, and blockchain. From digital finance to stablecoins and policy, the agenda hit every corner of the ecosystem. Great conversations, and more to come!

💡The DSA's Managing Director, @AdrianWall8395, joined the @ThinkCryptoPod to discuss why independent, policy-driven analysis matters in digital asset regulation, and how pragmatic industry compromises can help advance regulatory clarity. As an independent nonprofit, DSA is committed to providing objective analysis that helps shape sound digital asset policy. Watch the full conversation below.

Five states. Five very different paths. 🇺🇸 While Congress continues to debate digital asset market structure, states are shaping the future of digital asset policy. From transaction taxes and Bitcoin reserves to self-custody protections, crypto ATM safeguards, and bank custody authority, state legislatures are moving ahead. Read our latest State Policy One-Pager for key takeaways. 👇

🇺🇸 The Clarity Act's benefits extend far beyond the digital asset industry. A durable regulatory framework and strong consumer protections give every business the confidence to innovate. As banks, asset managers, and companies across the economy invest in digital assets, Clarity is a bill for everyone. The time to act is now.

While Washington stays gridlocked on the Clarity Act, statehouses are writing America's crypto policy in real time. Five states, five very different bets. Here's what moved this summer. 🧵

Today, our Managing Director, @AdrianWall8395, will join the @DefiantNews's live discussion on the Clarity Act, addressing this critical moment for crypto market structure legislation. Tune in live at 12:30 PM EST to hear his insights.👇

Digital assets are now core American financial infrastructure, and the window to legislate them is closing fast. The Senate breaks for August recess on the 7th, and no floor vote is scheduled on market structure. Here's why Congress needs to finish the job. 🧵

The DSA welcomes the momentum behind the Clarity Act. 🇺🇸 This bill represents real, hard-won compromise, and it puts the U.S. on stronger footing to shape the future of digital assets instead of falling behind other markets. Lawmakers now have a genuine opportunity to deliver clear, lasting rules for this industry. We're grateful to @SenLummis, Chairman @JohnBoozman, Chairman @SenatorTimScott, and their teams for the sustained effort behind this legislation. A message from our Managing Director @AdrianWall8395 and the full bill text:

Every week the U.S. waits, another country writes the digital asset rulebook. 🇪🇺 EU: MiCA's transition window closed. The bloc-wide regime is now fully live. 🇬🇧 UK: Framework locked in, with rules kicking off in 2027. 🇯🇵 Japan: Crypto now sits under securities-style oversight. 🇭🇰 Hong Kong: Exchange and stablecoin licenses are already being issued. 🇰🇷 South Korea: Digital assets folded into national asset law, custody rules in motion. 🇦🇪 UAE: Federal crypto law up and running. 🇳🇬 Nigeria: New Virtual Asset Council, SEC now licensing exchanges. 🇧🇷 Brazil: Tokenization task force launched, crypto tax reporting now mandatory. And now, Russia finalizing its own bill tomorrow. The U.S. must deliver CLARITY.

Banks Onchain 🏦 @Visa is developing an internal stablecoin platform to help banks and fintechs across its network handle stablecoin transactions seamlessly. The rollout will launch with OUSD, a new stablecoin backed by over 140 companies including @Mastercard, @Stripe, and @BlackRock. This move shows how stablecoins are embedded in core payment infrastructure, with traditional financial rails and digital assets converging faster than ever. Read more at @TheBlockCo 👇

Our Managing Director, @AdrianWall8395, sat down with @ThinkCryptoPod to break down why the CLARITY Act is stalling in Congress and what's at stake for U.S. crypto leadership if lawmakers don't act. Watch for more!

Our Managing Director, @AdrianWall8395, joined @AleaResearch on the latest episode of Onchain, Honestly! to discuss the future of U.S. crypto regulation. The conversation covers the real chances of the Clarity Act passing this year, what the Genius Act means for stablecoins, and why stablecoin yield has become such a contentious issue. Worth for more👇

Today marks one year since Congress passed the GENIUS Act, putting in place the first real federal rulebook for payment stablecoins. Here's a statement from @AdrianWall8395, Managing Director at the DSA: