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Giancarlo Lowers Expectations for the CLARITY Act

Giancarlo Lowers Expectations for the CLARITY Act

Giancarlo says the CLARITY Act matters, but it is not the only thing driving crypto forward. In the Senate, fights over SEC and CFTC authority and stablecoin rules are still slowing the bill down.

Stablecoins are cryptocurrencies designed to maintain a stable value.

Stablecoins are usually pegged to a fiat currency such as the U.S. dollar or the euro. They are often used to move value quickly, trade, or temporarily step out of volatility.