Growing Hope for Crypto Clarity Act Passage Highlights Three Key Stocks to Watch

Key Points

• Coinbase Global stands to gain from clearer regulation of digital‑asset trading.

• The Clarity Act would set rules for stablecoin rewards, potentially boosting Circle.

• Robinhood Markets aims to expand tokenized‑assets trading, which could rise if the act passes.

In the crypto market, attention is focused on Washington, D.C., where the Digital Asset Market Clarity Act was expected to become law before the summer recess. That did not happen, so industry leaders are pressing for its passage later this year, including a White House meeting of top crypto executives and a strong endorsement from President Donald Trump.

As a result, optimism about the legislation is growing, and the Crypto Fear & Greed Index has moved into “extreme greed” territory. With that in mind, three crypto‑related stocks merit close attention.

Coinbase

First is Coinbase Global (NASDAQ: COIN), which could be one of the biggest beneficiaries of the Clarity Act. After the White House meeting, Coinbase shares rose about 8%.

Image source: Getty Images.

The act would simplify the launch of new digital‑asset trading products for Coinbase, including perpetual futures, prediction markets, and other derivatives. It would also support the company’s backend infrastructure, such as its Base blockchain, which has been central to its growth in decentralized finance.

Circle

Another leading crypto stock is Circle Internet Group (NYSE: CRCL), the issuer of the widely used USDC stablecoin ((CRYPTO: USDC)) and a leader in stablecoin standardization.

The Clarity Act contains provisions on stablecoin staking rewards, a contentious issue for traditional banks. If the act allows higher staking payouts, capital could shift from bank deposits to crypto, benefiting Circle as more USDC circulates.

Following the positive sentiment around the act, Circle’s shares climbed roughly 10%.

Robinhood

Finally, Robinhood Markets (NASDAQ: HOOD) is known for equity trading but has expanded into crypto and prediction markets.

Robinhood is developing its own blockchain—Robinhood Chain—to facilitate faster, cheaper trading of tokenized assets such as stocks, bonds, and real estate. Regulatory clarity from the Clarity Act, especially regarding whether these assets fall under the CFTC or the SEC, would help Robinhood’s retail platform expand.

What could possibly go wrong?

Although the White House and the crypto industry back the Clarity Act, passage in 2026 is not certain. The banking sector opposes several provisions, and Congressional Democrats have said they will not support the bill without strong ethics rules to prevent the Trump family from profiting from its crypto ventures.

With midterm elections approaching, little time remains for Congress to act in 2026. Prediction markets currently give the act about a 20% chance of becoming law by January 1, 2027.

Still, for investors willing to accept the risk, Coinbase, Circle, and Robinhood could see significant gains if the Clarity Act is enacted.

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