[Circle President and Former CFTC Chairman: Congress Should Next Pass the CLARITY Act to Improve Digital Asset Regulation] Odaily Planet Daily News – Circle President and former CFTC Chairman Heath Tarbert stated during a hearing at the U.S. House Financial Services Committee that the GENIUS Act has established a federal regulatory framework for payment stablecoins, effectively creating a 'dollar layer' for the internet financial system. He urged Congress to next pass the CLARITY Act to establish a long-term regulatory framework for the 'market layer' of digital assets. Additionally, Tarbert called for the final implementation rules of the GENIUS Act to close regulatory arbitrage opportunities for offshore stablecoins, require intermediary institutions serving actual U.S. customers to be subject to corresponding restrictions, and ensure that foreign stablecoin issuers meet truly comparable regulatory standards.