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GUSD
3.8%
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Launch
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On a CNBC program, Coinbase CEO Brian Armstrong issued a final warning to the U.S. Congress, urging the passage of the《Clarity Act》(H.R. 3633)as soon as possible, and saying that if there is no clear regulation, the company will consider moving its business overseas. The bill previously passed the House of Representatives with a vote of 294 to 134, but it is currently deadlocked in the Senate. Brian Armstrong had withdrawn his support for the bill in early 2026 due to issues related to limits on stablecoin yield; after months of negotiations, a compromise was reached. This is now a sprint phase ahead of the Senate’s summer recess, and the White House is also pushing for legislation, but disputes over the moral clauses and federal preemption still have not been fully resolved.