Polymarket odds for the CLARITY Act jump to 90% after Coinbase CEO Brian Armstrong cites “great progress” in Senate negotiations.
Odds of the CLARITY Act passing have surged to 90% on Polymarket after Coinbase CEO Brian Armstrong said negotiations on the U.S. crypto bill have made “great progress.”
Armstrong noted that only a few issues remain unresolved, while Senator Bernie Moreno said the legislation could advance by April.
Additional meetings between industry leaders and lawmakers are expected as discussions continue on banking and stablecoin provisions.
Prediction Markets Price in Higher Approval Odds
Data from Polymarket shows a sharp rise in confidence around the CLARITY Act. Traders increased the probability of passage from 60% to 90%.
The shift followed recent public comments from Coinbase leadership. Prediction markets track real-time sentiment based on trading activity.
These platforms allow users to place positions on legislative outcomes. The latest move suggests stronger expectations of approval in 2026.
The rise in odds came shortly after Armstrong spoke in a CNBC interview.
Market participants responded quickly to his remarks. The pricing change reflects renewed optimism among traders.
Armstrong Cites Progress in Negotiations
Brian Armstrong said there has been “great progress” on the CLARITY Act. He noted that only a few issues remain under discussion.
Coinbase had previously raised concerns about an earlier draft of the bill.
Market structure is making great progress, and I believe we're going to reach a win-win-win outcome.
A win for the crypto industry.
A win for the banks.
And, most importantly, a win for the American consumer. pic.twitter.com/t0WM3XUZX4— Brian Armstrong (@brian_armstrong) February 18, 2026
Armstrong also referenced ongoing efforts in the Senate. “The Senate has been incredible on this, they are meeting daily as far as I can tell to get this over the line,” he said. He added that there is now a path toward a “win-win-win outcome.”
He stated that the bill could benefit the crypto industry, banks, and consumers.
Armstrong’s remarks signal a shift from earlier opposition. The company appears more aligned with the current draft framework.
Related Reading: Coinbase Moves Closer to Direct Fed Payment Access
Lawmakers and Industry Meetings Continue
Senator Bernie Moreno also addressed the timeline during the interview. “We are going to get this across the finish line, hopefully by April,” he said. His projection aligns with other industry expectations.
Ripple CEO Brad Garlinghouse recently said there is an 80% chance the bill reaches the President’s desk in April. These statements have added to the growing momentum around the legislation.
Further meetings between crypto executives and banks are expected. Journalist Eleanor Terrett reported that another meeting may take place on February 19.
🚨NEW: Two sources familiar with the matter tell me the White House is considering another stablecoin yield meeting between banks and crypto representatives Thursday, though no plans have been finalized. https://t.co/Og3OooHaQr
— Eleanor Terrett (@EleanorTerrett) February 17, 2026
Patrick Witt of the White House Crypto Council said discussions could resume this week. Final terms may need to be agreed before the end-of-month deadline approaches.
