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Solana Policy Institute puts Clarity bill odds at 10 percent ahead of September vote

The Solana Policy Institute estimates the chances of the U.S. Clarity Act passing before the midterm elections at about 10 percent. Chief executive Miller Whitehouse-Levine (밀러 화이트하우스-레빈) said the Senate has debated the bill for more than a year but is effectively unable to move during its August recess. The measure would clarify regulatory jurisdiction between the SEC and the CFTC. Prediction markets show higher odds but have dropped sharply in under a month.

Crypto

Circle's euro stablecoin EURC circulation tops 400 million euros

Circle's euro stablecoin EURC has exceeded 400 million euros in circulation four years after launch. Dollar-based stablecoins still dominate, with about 98 percent of total stablecoin value denominated in dollars, while euro-linked stablecoins account for less than 1 percent of the global market. EURC has expanded across multiple blockchains and accelerated in supply growth. Circle links the expansion to the EU's MiCA framework, alongside widening integration with Visa, Mastercard and payment firms.