Why a Leading Solana Player is Onshoring to the U.S.

Watch on YouTube ↗  |  January 08, 2026 at 20:57  |  13:20  |  CoinDesk
Speakers
Rebecca Rettig — Chief Legal & Policy Officer, Polygon Labs

Summary

Jito Labs' Rebecca Rettig joins CoinDesk to discuss U.S. market-structure negotiations, the timeline for a Senate discussion draft, and the Jito Foundation's decision to onshore to the U.S. She explains why DeFi regulation remains difficult, why ethics provisions likely will not stall the bill, and why stablecoin yield and crypto tax clarity are key remaining issues. The segment frames U.S. regulatory clarity as a positive catalyst for bringing crypto foundations and activity back onshore.

  • Market-structure talks are focused on DeFi, self-custody, token classification, and ethics.
  • A Senate discussion draft is expected imminently, with markup targeted for next Thursday.
  • Jito Foundation is onshoring to the U.S. for the first time, citing confidence in policy momentum.
  • DeFi regulation is described as the trickiest issue because no major jurisdiction has a framework.
  • Stablecoin yield is being negotiated and may see a compromise.
  • Crypto tax clarity is at the one-yard line but remains necessary for onshore staking and airdrops.
  • Ethics provisions are not expected by the guest to be the bill's main blocker.
Ideas
Rebecca Rettig Chief Legal & Policy Officer, Polygon Labs 0:00
DeFi regulation remains unresolved and tricky
DeFi regulation remains unresolved: no jurisdiction including the EU has put DeFi rules in place, and even the IMF says traditional regulation cannot map one-to-one. The speaker calls it the trickiest market-structure issue, with policy experts working on solutions and protecting builders as a core question, so DeFi's regulatory treatment is an important setup to monitor.
Rebecca Rettig Chief Legal & Policy Officer, Polygon Labs 1:08
US crypto clarity momentum is positive
Market-structure negotiations are progressing toward a discussion draft and markup, and tax clarity is described as being at the one-yard line. The speaker says this momentum reduces U.S. regulatory uncertainty, encourages crypto foundations and activities to onshore, and lets the industry grow and thrive in the U.S.
Rebecca Rettig Chief Legal & Policy Officer, Polygon Labs 2:51
Jito onshoring signals US confidence
Jito Foundation is onshoring into the U.S. for the first time because recent policy steps make it a good time to build at home, even though market structure and agency clarity are still needed. The speaker says the foundation is confident and optimistic about the U.S. policy trajectory, which is a positive jurisdiction/regulatory signal for Jito (JTO).
Rebecca Rettig Chief Legal & Policy Officer, Polygon Labs 9:36
Stablecoin yield compromise may not stall bill
Stablecoin yield has become a market-structure negotiation point. The speaker is hopeful for productive discussions and believes a compromised position is being put in place; she is confident it may not hold up the bill, making stablecoin yield policy a key regulatory setup.
Up Next

This CoinDesk video, published January 08, 2026, features Rebecca Rettig discussing DEFI, US crypto industry, JTO, STABLECOINS. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Rebecca Rettig  · Tickers: DEFI, US crypto industry, JTO, STABLECOINS