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The likelihood of the Clarity Act becoming law in 2026 has decreased, with current odds priced at 35% on the Polymarket prediction platform. This decline reflects increasing legislative risk as unresolved issues persist regarding stablecoin yields, DeFi oversight, and ethics provisions. The bill’s progress is further hampered by a tightening Senate calendar ahead of the August recess. Despite the bill’s earlier successes in passing the House and clearing the Senate Banking Committee, it has yet to receive a full Senate floor vote.

Key Takeaways

Market pricing suggests diminished confidence in the Clarity Act’s passage, now at a 35% probability.

Legislative challenges, including unresolved disputes and a tight Senate schedule, appear to impact the bill’s prospects.