Strategy founder Michael Saylor said protecting digital asset innovation is best achieved by expanding adoption and making sure more users benefit directly from financial innovation.
In a post on Sept. 20, Saylor said the industry should use the next two years to push financial products into the market rather than focus on accepting additional restrictions in a final compromise version of the CLARITY Act.
Focus on getting products into users' hands
Saylor said the industry should broaden the base of direct beneficiaries by lowering costs, simplifying access, offering more practical services, and giving users stronger control over their capital. He argued that this would create public support for the sector.
He said the proposed CLARITY Act would restrict related service providers from offering yield solely because users hold payment stablecoins. He also said the bill would place limits on some activity rewards and innovation sandboxes.
Distinguishing liquidity stability from shielding banks from competition
Saylor said maintaining bank liquidity stability is a different goal from protecting banks from competition. If technology has reduced the cost of financial services, consumers should be able to share in those gains, he said.
He also said the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Treasury Department have recently used existing regulatory authority to advance tokenized stocks, on-chain finance, and stablecoins.
What he wants to see in 2027 and 2028
Saylor said the crypto industry should expand digital asset product adoption in 2027 and 2028, and push to convert temporary regulatory measures into long-term rules.
He pointed to BTC, STRC, MSTR, Coinbase, and USDC, saying digital capital, credit, equities, trading platforms, and stablecoins can work together.
Saylor said the most effective way to protect digital asset innovation is to let more users benefit from it, giving them a direct interest in defending financial innovation and market choice.