CLARITY Act odds top 75% for 2026 as stablecoin market hits $320B cap

Markets are increasingly pricing in passage of the U.S. CLARITY Act in 2026, with Polymarket putting the probability above 75% even as some TradFi executives warn about risks from yield-bearing stablecoins. U.S. dollar stablecoins have reached a record $320 billion market cap—about 12% of the $3 trillion crypto market—while projections and growing global competition are pushing more institutions toward stablecoin issuance and infrastructure.