The Clarity Act (to be passed by the House of Representatives in 2025, with the Senate still pushing forward) further categorizes digital assets into three types: Digital Commodities (such as Bitcoin and Ethereum), which are essentially tied to the functions of the blockchain system and are regulated by the CFTC; Investment Contract Assets (similar to securities), regulated by the SEC; and Permitted Payment Stablecoins, regulated by banks. This act will separate the previously attempted unified definition of attributes: stablecoins will primarily handle application-level payment/settlement functions (subject to strict reserve and redemption rules), while retaining the value store function as a crucial element of Bitcoin's value maintenance role, assuming the attributes of speculative assets and commodities, rather than everyday currency functions.