The North Carolina Blockchain & AI Initiative is urging the Senate Banking Committee to expedite the CLARITY Act markup. In a letter to Senator Thom Tillis, the group criticized the proposed ban on stablecoin yield, arguing that such a ban could drive financial innovation away from the U.S. They emphasized the importance of regulatory clarity to maintain competitiveness in the digital assets sector and suggested alternative approaches to managing stablecoin risks. The group highlighted the economic significance of North Carolina, particularly Charlotte's status as a major banking hub, as a reason for clear federal regulations. They argued that such clarity would allow local banks to engage in the digital asset market without regulatory conflicts. Meanwhile, the Senate's schedule remains uncertain, with potential delays in the CLARITY Act's markup due to other legislative priorities and the upcoming Senate recess.