Polymarket traders have slashed odds of the Clarity Act passing to an all-time low as the U.S. Senate continues to delay action on the stablecoin regulation bill. The prediction market now reflects growing skepticism that Congress will deliver the regulatory framework the digital asset industry has been seeking.
For card-not-present merchants in crypto on-ramps and digital asset platforms, prolonged regulatory uncertainty directly impacts payment orchestration strategies. Without clear federal guidelines, PSPs must maintain flexible processing infrastructure that can pivot between traditional card rails and alternative settlement methods. This is precisely why Velocity supports USDT settlement alongside 40+ alternative payment methods—giving merchants optionality when regulatory landscapes shift. Direct acquiring paired with intelligent routing through Flash AI helps high-risk verticals maintain uptime regardless of legislative delays, ensuring crypto merchants aren't stuck waiting for Washington while customers demand seamless fiat-to-crypto flows.
Read the full report at CoinDesk.