Michael Saylor: The best way to protect digital asset innovation is to expand adoption.

Michael Saylor, founder of Strategy, stated in a post that the digital asset industry should leverage the next two years to bring financial products to market, rather than focusing on accepting additional restrictions included in the final compromise version of the CLARITY Act. He argues that the sector should lower costs, simplify access, deliver more practical services, and enhance users’ control over their funds, so that more people can directly benefit from financial innovation, thereby building a public base supporting the industry’s growth. The CLARITY Act would restrict service providers from offering returns to users solely for holding payment stablecoins, and also impose limits on certain activity rewards and innovation sandboxes. Saylor notes that maintaining bank liquidity stability and protecting banks from competition are distinct goals; after technology cuts financial service costs, consumers should be able to share those gains. Separately, the SEC, CFTC, and U.S. Treasury have recently advanced developments in tokenized stocks, on-chain finance, stablecoins, and other areas via their existing regulatory authorities. The crypto industry should expand the adoption of digital asset products between 2027 and 2028, and push for temporary regulatory measures to be codified into long-term rules. Saylor cited assets and entities including BTC, STRC, MSTR, Coinbase, and USDC, asserting that digital capital, credit, stocks, trading platforms, and stablecoins can work in synergy. He emphasized that the most effective way to protect digital asset innovation is to enable more users to benefit from it, so that they develop a direct stake in upholding financial innovation and market choice.