The challenge is no longer creating new rails. It's connecting them.
Today, Mastercard completed its acquisition of BVNK.
Together, we're helping customers connect digital and traditional forms of money through trusted infrastructure built for scale.
Learn more: https://t.co/8EhmFRcSDO
The Clarity Act.
Sabotaging America’s Crypto Leadership
The old rule still holds: markets are most irrational at the extremes, at the peak of a bull run and in the depths of a bear market. Crypto today is in the latter. But the real irrationality is not in markets, it is in Washington.
The battle over the Clarity Act has exposed a striking lack of seriousness among its opponents.
This is not a good-faith policy disagreement. It is a political blockade, driven by a refusal to grant President Donald Trump any legislative victory, regardless of the economic cost to the country.
Treasury Secretary Scott Bessent put it plainly: “standards are strategy.” The countries that define the rules will capture the capital, talent, and innovation. The United States, however, is choosing paralysis.
Senator Elizabeth Warren and her allies, backed by Bankers and segments of Democrats on Wall Street, are resisting regulatory clarity not to protect investors, but to protect incumbents. In doing so, they are exporting an entire industry.
If the Clarity Act fails, it will join the long list of own goals scored by Washington policymakers against their own economy. Capital is already moving offshore. Talent is already leaving.
Innovation will continue whether Team Warren likes it or not. Bitcoin’s fixed supply cannot be legislated away. Fiat currency will continue to be debased. But in a bear market, investors and policymakers too often behave as if these realities can be ignored.
They cannot.
Blocking The Clarity Act will not stop crypto. It will only ensure that America forfeits leadership in shaping its future.
More than a year ago, the House passed the Clarity Act.
There’s been progress since — thousands of hours of bipartisan negotiations took place at the staff and Member levels. The Senate Committees on Banking and Agriculture advanced their respective titles. And Senate Republicans produced a floor-ready product that, as I type this, is waiting for a vote.
It’s disappointing — but not surprising — that Senate Democrats are choosing politics on the cusp of a major victory for American leadership. Find another instance in history where Congress, when given the choice, opted to push an industry out of the United States rather than smartly regulate it. American Exceptionalism was once a bipartisan goal; if Clarity fails, I have serious doubts.
These same Democrats — many of whom have taken millions of dollars from the crypto industry — proclaim that Clarity lacks safeguards for consumers and falls short in countering illicit finance. Nothing could be further from the truth. Titles II and III materially uplift regulatory and compliance obligations for digital asset intermediaries, placing them on similar footing with traditional financial institutions. The Blockchain Regulatory Certainty Act — which Washington lobbyists have spun up as a boogeyman for certain groups of prosecutors and law enforcement — does nothing other than codify longstanding Treasury Department policy that’s remained consistent across Administrations: non-custodial builders and developers are not, and have never been, subject to registration obligations under the Bank Secrecy Act. And at this point, major law enforcement trades that once opposed the bill, including the Fraternal Order of Police, have now endorsed it.
The Senate needs to vote NOW on this landmark legislation. The truth is that Senate Democrats are afraid to advance the Clarity Act as they fear Senator Warren and the “Anti-Crypto Army” she once promised to build. In the days ahead, Leader Thune will put this theory to the test. Will Senate Democrats be on the side of American Exceptionalism, or will they opt to cede American leadership of a global industry for fear of the bespectacled squirrel’s Left flank?
America will lead or America won’t. It’s not more complicated than that. I believe Satoshi once said it best:
“If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.”
.@Mastercard is expanding its settlement capabilities with additional intraday, weekend and holiday card settlement using regulated stablecoins.
Programmable, always-on payments now on Stellar.
As AI agents begin transacting on behalf of businesses, payments need more than speed. They need trust, controls, and clear rules for how value moves.
We're helping build the infrastructure for trusted agent-driven payments, with the XRP Ledger and $RLUSD helping lay the foundation for the future of commerce.
We're pleased to be part of the ecosystem supporting @Mastercard's Agent Pay for Machines initiative, helping validate new use cases, establish common rules, and accelerate adoption.
→ https://t.co/KHUcHqblXg
Today, Mastercard is announcing plans to expand settlement capabilities to include stablecoin, intraday, holiday, and weekend options, giving partners more choice in how and when transactions are settled. That means we’re:
✅ Enabling greater choice to settle in fiat or regulated stablecoins
✅ Improving liquidity management for time sensitive, cross border flows
We’re supporting settlement with @Circle’s USDC, @Paxos-issued stablecoins including USDG,USDP and @PayPal’s PYUSD, @Ripple’s RLUSD and @SoFi’s SoFiUSD across a range of supported blockchain networks including Arbitrum, @Coinbase’s Base, @CantonNetwork’s Canton, Ethereum, @0xPolygon, @Solana, @Tempo and XRPL. ARQ Finance, CBW Bank, @crossriverbank, @Lead_Bank and @Nuvei will be among the first to support.
The “Anti-Crypto Army” was defeated…
by the courts…
by the voters.
And by Trump.
It never made policy, legal or political sense.
Combatting financial innovation only helped protect those that wanted to keep an old, often broken, system in place.
Breaking news! Mastercard has been granted a BitLicense by the New York State Department of Financial Services (@NYDFS), advancing our commitment to secure and compliant digital asset innovation. 🗽🎉
Learn more: https://t.co/3aNHu3uwx6
DTCC and the Stellar Development Foundation announced today plans to enable the tokenization of DTC‑custodied assets on the @StellarOrg network. This collaboration advances DTCC’s multi chain strategy and expands how traditional assets move across digital ecosystems.
DTC‑tokenized assets are expected to be made available on the Stellar network in the first half of 2027, supporting the evolution of a more open, interoperable, and efficient financial ecosystem.
Get the full story: https://t.co/YCWHZDiLl5
Today, the Senate Banking Committee will vote to advance the CLARITY Act.
I am proud of the countless hours that my team, Treasury, SEC, CFTC, and Senate Banking staff and members have put into shaping this product. On every issue, we put forward real solutions to address stakeholder concerns or Democrat demands. It often required us to get creative; sometimes, it required us to get uncomfortable. But we did it in the spirit of bipartisanship.
Make no mistake: Whether today’s vote is partisan or bipartisan will depend entirely on politics, not policy. The CLARITY Act is not only good policy, it is necessary policy for the United States to maintain our leadership position in global financial markets. Not to mention the robust consumer protections and anti-illicit finance provisions it contains, without which, there are none.
This morning’s vote will reveal whether Democrats have genuinely moved on from their war on crypto, or whether they remain cowed by Elizabeth Warren. The choice is theirs.
🚨Scooplet: Following the submission of more than 100 amendments to the Clarity Act by Senate Banking Committee members last night, @fund_defi is tracking what it describes as “anti-DeFi amendments” that it says would harm DeFi technology, users and developers, and is urging supporters to lobby senators against them ahead of tomorrow’s markup.
According to DEF, the amendments come from Democratic Senators @CortezMasto, @AndyKimNJ, @ChrisVanHollen, @SenWarren and @SenJackReed and collectively target core DeFi protections in the bill including the Blockchain Regulatory Certainty Act (BRCA), protections for non-controlling software developers, DeFi front ends, tokenization provisions, and expanded BSA/AML obligations for developers and digital asset businesses.