Key Takeaways Critics warn that passing the CLARITY Act won’t allow stablecoins to save the US Treasury debt market. Lawrence Lepard notes the $255B stablecoin market covers barely 3% of the $8T annual US debt. Foreign US debt holdings have dropped to 32%, meaning stablecoins alone cannot provide enough liquidity. CLARITY Act Unable To Save The US From an Upcoming Debt Crisis, Analyst Assesses While some supporters of Treasury Secretary Scott Bessent believe the Digital Asset Market Clarity Act is a key element to fix the U.S. debt market, others dismiss it as a misunderstanding. Lawrence Lepard, an investment manager …