With the GENIUS Act celebration done, builders already want to know what's next. The answer is CLARITY – crypto market structure legislation – which also got overwhelming bipartisan support in the House last week. Here's everything you need to get caught up on CLARITY:

Clear rules for stablecoins and the road ahead At the White House today, the first piece of U.S. crypto legislation will be signed into law: the GENIUS Act. It provides clear rules for stablecoins. This is a historic moment — not just for crypto, but for the world at large. That’s because stablecoins give us something we’ve never really had before: open money infrastructure. Stablecoins are a better form of money: faster, cheaper, and more global. They cut fees and eliminate intermediaries. They are auditable and programmable. They allow developers to build new kinds of apps that weren’t possible before: low-to-no cost remittances, programmatic micropayments, AI-native transactions, transparent and disintermediated global commerce, and more. Stablecoins give the world access to the dollar, they spread financial freedom, and they ensure that the next generation of financial infrastructure is built on U.S. standards. For too long, innovators in crypto have operated under legal uncertainty. That uncertainty has stifled progress, driven builders offshore, and created a fragmented internet. The GENIUS Act reverses this: it creates clarity for stablecoins and sets us on a path toward broader crypto market structure reforms. This is how the internet moves forward: through clear rule-making. With the GENIUS Act, stablecoins have clear rules, paving the way for better payments, financial products, and an overhaul of the global financial system. Next, we need the same for the rest of the crypto market. The Senate can do this by passing the CLARITY Act, which provides clear rules of the road for the broader crypto industry, opening a path for innovators while also protecting consumers from scams and bad actors. We believe that the U.S. can lead the next era of the internet — the read-write-own era — by enabling open, user-owned protocols instead of the closed, corporate platforms that defined the last one. This legislation lays the foundation for that future. It's the beginning of a new chapter.

Historic!! Huge huge huge

🚨BREAKING (I rarely use that term anymore, but this time I think it’s warranted 😁): All *three* crypto bills just passed the House and the GENIUS Act is now headed to @realDonaldTrump’s desk to become the first major piece of crypto legislation signed into law. Despite the last few days of drama and uncertainty, Democrats and Republicans really showed up, voting in a much more bipartisan fashion than almost anyone expected. Let’s recap: 📌The CLARITY Act passed in a vote of 294-134 with 78 Democrats voting in favor — more than double the ~35 expected, and more than the 71 who voted to pass FIT21 last year. 📌The GENIUS Act passed in a vote of 308-122 with 102 Democrats voting in favor. 📌The Anti-CBDC Act passed in a vote of 219-210 with 2 Democrats voting in favor. The signing ceremony for the GENIUS Act is set for tomorrow afternoon at the White House. A fitting (and happy) end to Crypto Week.

Please welcome Naomi Metzger (@afrochicksnft) to @a16zcrypto Voices Onchain! An 11x British triple jump champion, Commonwealth bronze medalist, and European Team silver medalist, Naomi is a pro athlete bringing elite sport into the world of crypto. From launching NFT art and running crypto-powered fitness challenges to documenting her LA 2028 Olympic journey onchain, Naomi is redefining what it means to be an athlete in crypto. Catch her this week at the 10th @ChristiesInc Art + Tech Summit, where she’ll be creating content with the VO team and speaking on the panel “Performance, Patronage, and Impact.”

Beautiful new work by @emilyxxie in collab w/ Voices Onchain by @a16zcrypto. 100 attendees at the 10th @ChristiesInc Art + Tech Summit will receive this commemorative piece after a special screening of @anyprobisnoprob at Radio City Music Hall. Big thanks to @manifoldxyz too.

Totally agree. I was lucky my mom taught me this early. Have seen so many friends learn the hard way

Incredible progress, excited to see both Genius + Clarity cross the finish line and allow crypto builders to focus on building

5 charts that explain crypto right now ⤵️

Earlier today, our X account was briefly compromised. During that time, the account promoted a token and other fake content — none of which originated from a16z. Apologies for any confusion caused by the clowns who temporarily took over our account.