Key Insights:
- Industry leaders proposed a new set of amendments for the stablecoin laws in the latest crypto news.
- They focused on the CLARITY Act to clarify how stablecoins should work alongside banks.
- That renewed effort followed a White House meeting on Monday, where the Trump administration brought crypto and banking groups into the same room.
The latest crypto news show industry leaders have floated a new set of compromises to get the stalled crypto market bill moving again.
This time, they focused on the CLARITY Act to clarify how stablecoins should work alongside banks. The debate around this issue has slowed the CLARITY Act’s progress since approval in July 2025.
Now, industry figures have signaled they are willing to adjust their position, hoping the fresh proposals can ease tensions with banks and restart serious momentum in Washington.
Crypto News: Firms Push New CLARITY Act Revisions
Bloomberg crypto news reported that crypto companies are now putting fresh concessions on the table as the stablecoin dispute drags on.
This time, the focus shifts to community banks. The firms are said to be offering them a bigger role in the stablecoin system, including the option to hold stablecoin reserves or help issue the tokens through partnerships.
Not every crypto firm is on the same page. Still, the split itself signals something important: the industry is pushing harder to keep the market-structure bill alive.
That renewed effort followed a White House meeting on Monday, where the Trump administration brought crypto and banking groups into the same room.
They brought together trade groups from both the crypto and banking worlds. Even so, the meeting ended without a clear plan for resolving the sticking points in the CLARITY Act.
Crypto firms have floated new compromise ideas to banks in an effort to ease tensions, as per recent crypto news.
One proposal would require stablecoin issuers to keep part of their reserve funds, the cash backing the tokens, parked at community banks.
Another idea would make it easier for community banks to launch their own stablecoins.
However, sources said neither side has locked in a compromise on the crypto market bill. And for now, it remains unclear whether these CLARITY Act tweaks will calm banks’ biggest fear of customers pulling out deposits as they move to stablecoins.
Senate Democrats Report Progress in Crypto Bill Talk In Latest Crypto News
Senate Democrats met to reassess their position on the crypto market bill and decide what they want to support going forward.
Eleanor Terrett reported that the crypto news discussion went well. She said lawmakers left the meeting in good spirits, and many described it as their most productive sit-down yet.
At the same time, Senator Tim Scott struck a hopeful tone too. The Senate Banking Committee chair told Fox News on Wednesday that he believes banks and crypto firms can still land on a workable compromise for the CLARITY Act.
Scott said lawmakers can protect everyday consumers and community banks without putting innovation in a chokehold.
In his view, healthy competition could also push prices down and make these services easier to access. And he said banks and crypto firms are still talking, trying to reach a deal that keeps the next wave of innovation in the United States.
That’s a notable shift from last year, when constant disputes kept the bill from ever crossing the finish line.
Now, the latest moves point to a shift. After months of gridlock, momentum appears to be turning in a more positive direction.
Stablecoin Sector in Focus
In other crypto news, Tether’s USDt kept growing through the fourth quarter.
USDT added $12.4 billion in Q4, pushing its market cap to $187.3 billion. The update also pointed to rising user numbers and more onchain activity, even as several rival stablecoins slipped after October’s liquidation shakeout.
After the big liquidation on Oct. 10, Circle’s USDC, the second-largest stablecoin, struggled to find a clear direction. As per crypto news updates, it moved up and down for the rest of Q4, but it ended the quarter roughly where it started.
Meanwhile, Ethena’s synthetic dollar, USDe, took a much harder hit. By the end of the period, its market cap had fallen about 57%.
Source: https://www.thecoinrepublic.com/2026/02/05/crypto-news-crypto-firms-pitch-clarity-act-amendment/
