The CLARITY Act fight has moved from Washington to senators’ home states during the August recess, ahead of a Sept. 15 cloture vote on a motion to proceed rather than final passage. The vote requires 60 senators, meaning at least seven Democrats or independents would need to join Republicans, who hold 53 seats. Stand With Crypto says its August campaign produced nearly 50,000 congressional contacts, while its wider network includes about 3 million advocates. Community banks are lobbying against rewards that could compete with deposit accounts, with ABA, ICBA and all 77 state banking associations urging tighter language. The dispute centers on whether trading-, payment- or platform-use rewards on stablecoins constitute ordinary competition or create a yield-like loophole around the GENIUS Act’s ban on interest for idle payment-stablecoin balances. Treasury Secretary Scott Bessent has urged the Senate to advance the bill, while Coinbase CEO Brian Armstrong says crypto could still obtain regulatory clarity if the vote fails. A failed cloture vote could leave U.S. market-structure reform stalled as the SEC (U.S. securities regulator) and CFTC (U.S. derivatives regulator) pursue changes independently.