Jesse Spiro, Head of Government Relations at Tether, predicted that the US midterm elections could be a significant turning point for the cryptocurrency industry. At a Consensus Miami 2026 panel discussion, he stated, "There has been a lot of progress and positive change over the past year. The passage of the Stablecoin Regulation Act (GENIUS Act) and CLARITY are prime examples. However, situations can always be reversed. In particular, the midterm elections scheduled for the end of this year could have a seismic impact on the direction of the cryptocurrency industry. At the same time, cryptocurrency advocacy groups are preparing to inject large amounts of political capital."
