Crypto Firms Rally Behind Senate Republicans’ Crypto Bill

2 mins mins

Key Points:

Coinbase opposes Senate’s draft bill; a16z, Circle, and others support.
Regulatory clarity concerning DeFi and stablecoins in focus.
Industry seeks amendments to balance innovation with regulation.

On January 15, 2026, several crypto companies, including Ripple and Circle, expressed support for the Senate Republicans’ crypto market structure bill after Coinbase opposed it.

The industry division highlights ongoing debates over regulatory clarity and innovation impacts in the rapidly evolving crypto space.

Industry Leaders Divided on Senate Crypto Bill

Key industry players such as Circle, Kraken, and Ripple have issued statements to support the Senate Republicans’ crypto market structure bill. This follows Coinbase’s opposition, led by CEO Brian Armstrong. He stated that the bill restricts innovation and shifts regulatory authority.

Market responses have varied. While firms like a16z and the Digital Chamber back the bill’s progress, others note the need for changes. Ripple’s leader remains optimistic about reaching a consensus through future amendments.

Regulatory Clarity and Its Impact on USDC Stability

Did you know? Earlier legislative attempts like the House Clarity Act faced similar opposition. This pattern of resistance often highlights ongoing tensions between innovation drivers and regulatory bodies.

According to CoinMarketCap, USDC remains stable at $1.00. Its market cap stands at $75.78 billion, with a trading volume of $19.84 billion, showing a 24-hour change of 0.01%. In the last 90 days, USDC declined by 1.74%, highlighting broader industry uncertainties.

usdc-daily-chart-390 — USDC(USDC), daily chart, screenshot on CoinMarketCap at 01:27 UTC on January 15, 2026. *Source: CoinMarketCap*

Expert analysis from the Coincu research team suggests potential regulatory shifts may reshape DeFi protocols. The Senate’s approach could guide financial stability measures while maintaining tech innovation. Market participants stay alert to how these regulations unfold.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.