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'Clarity Act will pass this summer': Coinbase CLO Grewal backs stablecoin compromise, urges banks to accept deal

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The Block Editorial
(02:46 PM UTC)
1 min read
EW
Verified byEmily Watson
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Coinbase Chief Legal Officer Paul Grewal said he is "very confident" the Clarity Act will pass before summer ends, throwing his weight behind the Tillis-Alsobrooks stablecoin rewards compromise and delivering a pointed message to the banking industry: take the deal.

In an interview with The Block's Gareth Jenkinson at Consensus 2026, Grewal endorsed the compromise pitched by Senators Thom Tillis…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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