CLARITY Act markup could come next week after stablecoin deal breakthrough

The CLARITY Act is moving toward its next procedural test after Senate negotiators released compromise language on stablecoin rewards last week, raising expectations that the Senate Banking Committee could take up the measure as soon as the week of May 11. Alex Thorn, head of research at Galaxy Digital, said the release of text from Sens. Thom Tillis and Angela Alsobrooks was a positive signal for a markup to be sche…