Jefferies is evaluating the digital asset market with the CLARITY Law.

Important Analysis from Jefferies on Digital Assets

Jefferies stated that the CLARITY Act provides the clearest roadmap for the structure of the digital asset market in the United States. However, the uncertainty surrounding the passage of the act is notable.

The proposed ban on stablecoin yields could reshape incentives within exchanges and their peers. This situation has the potential to create different dynamics alongside the preservation of transaction-based rewards.

It is expected that tokenization efforts in traditional finance (TradFi) will accelerate, provided that regulatory clarity allows for broader participation from banks and market infrastructure firms. Jefferies emphasized the impact of these developments on the market.