Deposits in decentralized finance (DeFi) crypto lending vaults have crossed $10 billion, marking a sharp increase from approximately $4 billion at the start of 2025, according to a recent Financial Times report. The surge is driven by investors seeking higher yields on stablecoins and other tokens rather than leaving capital idle.
The CLARITY Act vote was meant to put the U.S. crypto industry on a path toward permanent federal rules. However, but the Senate voted 49-50 against advancing the legislation, falling far short of the 60 votes needed to clear the hurdle.