The development of the CLARITY Act framework gained steam following a breakthrough in stablecoin yield discussions. The progress follows the steps the White House, crypto leaders and banks are making to reach an agreement before the March 1 deadline.

CLARITY Act Stablecoin Yield Dispute Almost Resolved

President Donald Trump’s digital assets adviser Patrick Witt said that the recent closed-door meeting was a big step forward. He added that one of the most disputed provisions in the crypto market bill is near resolution by the negotiators. Witt believes the deadline can be reached if discussions continue in good faith.

Coinbase Chief Legal Officer Paul Grewal, also said that negotiations on the CLARITY Act were constructive and…