The Senate Banking Committee will hold a markup hearing on the Digital Asset Market Clarity Act of 2025 on Thursday, May 14, at 10:30 a.m. The session comes after months of delays over stablecoin provisions and other issues.
The hearing represents the first major advancement for the bill since January, when it stalled amid disputes over stablecoin yields. Senators Thom Tillis and Angela Alsobrooks brokered a compromise that bars rewards functioning like bank interest on static holdings but permits incentives tied to activity or spending. Banking industry groups including the American Bankers Association have raised concerns that the language still leaves loopholes and plan to submit feedback.
