Strategy co-founder Michael Saylor said U.S. crypto adoption can continue after the Senate failed to advance the Digital Asset Market Clarity Act, known as the CLARITY Act. The Senate voted 49-50 on September 15 on a procedural motion involving H.R. 3633, short of the 60 votes required for cloture. Saylor said the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), Treasury and banking regulators can support digital assets under existing rules. He cited broader Bitcoin custody and lending, digital credit, equities, exchanges, stablecoins (cryptocurrencies designed to maintain stable value) and other financial products as potential drivers of adoption. He said the GENIUS Act’s restrictions on issuer-paid interest and yield for payment stablecoins remain in place, while the CLARITY compromise’s additional restrictions and proposed innovation-sandbox limits did not advance. SEC Chairman Paul Atkins said the agency would continue using existing authority, and the SEC granted temporary, conditional relief on September 17 for certain venues to trade tokenized U.S. stocks onchain, subject to conditions including investor-protection and anti-fraud rules. Saylor also highlighted Strategy’s STRC preferred stock, MSTR shares, Coinbase and Circle’s USDC, arguing that banks, exchanges, credit markets and stablecoins can reinforce one another. He said wider use of cheaper payments and digital financial services could build public support for continued innovation, and that progress need not wait for Congress.