Everyone keeps asking why Clarity Act is late

I don’t think it’s late

I think it’s stuck in negotiation mode

Right now, the Senate isn’t deciding yes or no it’s deciding what version even survives.

• Two groups are shaping different rules

• Banks are trying to limit how stablecoins work

• And elections are quietly slowing urgency

So instead of progress, we’re seeing tug of war.

Next real signal comes in late April. If that step is clean, things move.

If not, this drags

My view hasn’t changed this feels like a slow grind, not a fast approval.

Late 2026 makes sense to me.

And if April disappoints, 2027 stops sounding crazy.

Market odds around 60–70% for this year look reasonable.

Not bullish, not bearish just uncertain.