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CLARITY Act Failure Hands Coinbase a Stablecoin Reward Edge, Bitwise CIO Says

CoinGape·October 3, 2026·1 min read
CLARITY Act Failure Hands Coinbase a Stablecoin Reward Edge, Bitwise CIO Says

After the U.S. Senate killed the CLARITY Act, Bitcoin climbed roughly 8% in two weeks, Ether added about 7%, NEAR surged close to 104%, and Uniswap jumped nearly 49%. Bitwise CIO Matt Hougan says the move was no accident, citing a client memo.

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