Treasury Secretary Scott Bessent has called on Congress to approve the Clarity Act, highlighting the growing significance of stablecoin transactions. According to NS3.AI, a report by Chainalysis projects that stablecoin transaction volume could escalate to $1.5 quadrillion by 2035, up from $28 trillion last year. The likelihood of the bill passing this year has increased, with Polymarket odds rising to nearly 70% from 50% earlier this week. Senate Banking Committee members are reportedly preparing to hold a hearing to vote on the bill before the month's end.#TreasurySecretary #ClarityAct #Stablecoin #StablecoinTransactions #ScottBessent #Congress #Chainalysis #Polymarket #SenateBankingCommittee #Blockchain #Cryptocurrency