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Why the United States Needs the Clarity Act

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It’s another hot day here in Zurich. Not just because of the weather, but also because of the depth of the conversations.

While the Clarity Act rarely makes headlines in Europe, it’s impossible to avoid here at the Point Zero Forum, where voices from across Asia and the United States are driving the conversation. One of them is Dante Disparte, Chief Strategy Officer and Head of Global Policy at Circle.

Before joining Circle, Disparte was a key figure at Facebook’s Libra project (later Diem). He also serves as an appointee on the Federal Emergency Management Agency’s (FEMA) National Advisory Council and co-authored the book Global Risk Agility and Decision Making.

Europe’s Currency at a Crossroads

Days before the event, Disparte posted on X that he was looking forward to “exporting” the longstanding U.S. debate on digital assets to help Europe resolve its own digital currency conundrum.

On the main stage, Disparte joined Josh Lipsky of the Atlantic Council for a discussion on Europe’s currency crossroads. He shared a pointed take on EU–U.S. collaboration: “If you want to go fast, go alone. If you want to go far, go together.” It was a smart framing of the challenges facing Western democracies.

Disparte contrasted the existing GENIUS Act, which laid a foundation for stablecoins but still has limitations, with the broader clarity the industry needs next. “What we are racing toward next is clarity,” he said. In Washington, he suggested, too many conversations feel more like “griftography” than genuine cryptocurrency policy.

Passing the Clarity Act remains a challenge for U.S. policymakers. Disparte urged treasury departments worldwide to engage with Washington. Despite the current ‘America First’ climate, he noted that the U.S. is still open to policy reciprocity.

Disparte’s remarks in Zurich underscore why the U.S. needs the Clarity Act now more than ever, not just for stablecoins, but for America’s broader leadership in digital finance.

Author: Andy Samu

See Also:

The CLARITY Act Cleared the House and a Senate Committee. XRP Holders Want to Know What Happens on the Floor | Disruption Banking

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