Blockchain Association CEO Summer Mersinger has urged the U.S. Senate to advance the CLARITY Act on Sept. 15 without reopening settled provisions, warning that late changes sought by the American Bankers Association would restart unfinished negotiations and risk killing the legislation. Mersinger said ABA proposals to replace existing standards with a "substantially similar to interest" test and to delete the word "solely" are major policy shifts, not drafting tweaks, that could widen regulators’ interpretive reach and alter stablecoin yield limits set under the GENIUS Act. She argued that ABA concerns about deposit flight lack support, citing more than $800 billion of cumulative U.S. bank deposit growth over three consecutive quarters since the GENIUS Act passed. The CLARITY Act would clarify Securities and Exchange Commission and Commodity Futures Trading Commission boundaries, require platforms serving U.S. users to register, and impose asset segregation, disclosure, and conflicts rules. Senate Banking Committee Chairman Tim Scott and Coinbase CEO Brian Armstrong have also pressed for action, with Armstrong setting a Sept. 15 target; the House passed its version in July and the measure needs 60 Senate votes.