Millions of Americans already use and invest in digital assets. Stablecoins can make moving dollars across borders faster and more affordable, while tokenization offers new ways to make capital markets more efficient. A new Ipsos survey found that 22% of Americans have owned or used crypto, including 24% of Republicans and 21% of Democrats. Across party lines, the people Congress serves are already using this technology.
Their constituents deserve protection. They should be able to expect safeguards against fraud and misconduct, along with clear rules for the businesses serving them. Their interests should be at the center of the policy debate. As lawmakers argue over jurisdiction and legislation, Americans are already participating in this market. Congress owes them a framework that provides robust consumer protections while encouraging competition.
Congress has already demonstrated what bipartisan cooperation on crypto can achieve. The GENIUS Act became law, and the CLARITY Act passed the House with support from 216 Republicans and 78 Democrats. That record gives the next Congress a foundation to build on.
The Senate’s failure to advance market structure legislation in September left important work unfinished. When Democrats take the gavel in January, they will inherit a strong foundation for further action. With a Republican administration and the Senate’s legislative hurdles, delivering lasting regulatory clarity will require continued cooperation across party lines.
