CZ on CLARITY Act Vote Failure: Setbacks Are Inevitable on the Path Forward, Technological Progress Will Not Stop

September 16: CZ reposted on the X platform a summary by the founder of Compound regarding the CLARITY Act's failure to pass a Senate procedural vote, and stated that if there is one positive aspect, it is that stablecoins can still continue to provide yields.

CZ stated that setbacks are always encountered along the way, but technological progress will still "continue to move forward."