Senate Republicans are reportedly close to finalizing stablecoin yield provisions in the Digital Asset Market Clarity Act (CLARITY Act) after a closed-door meeting on March 20. The meeting included key figures such as White House Crypto Council Executive Director Patrick Witt and Senators Cynthia Lummis, Thom Tillis, and Tim Scott. According to Senator Lummis's press team, the negotiations on stablecoin yield are 99% resolved, with the remaining issues being political rather than technical. Crypto analyst Andy suggested that the yield compromise may favor traditional banks, potentially requiring Coinbase and its CEO Brian Armstrong to accept less favorable terms. Meanwhile, Christopher Perkins highlighted unresolved issues, including last-minute vote trading and ethics legislation tied to the Stop Insider Trading Act. The CLARITY Act, which passed the House in July 2025 and cleared the Senate Agriculture Committee in January 2026, is set for a Senate Banking Committee markup in late April. However, potential additions to the bill, such as community bank deregulation provisions, could complicate its progress.