Coinbase-backed Stand With Crypto endorses 32 midterm candidates
Stand With Crypto, the Coinbase-affiliated advocacy group, endorsed 32 candidates for US House seats on Monday, roughly two months before the November 2026 midterm elections. The group said it chose proven digital asset policy champions as part of its campaign to elect what it calls the most pro-crypto Congress in history. The slate expands a March batch of six picks and reflects growing industry efforts to mobilize crypto voters in competitive districts.
Key Takeaways
- Stand With Crypto, launched by Coinbase in 2023, announced 32 House endorsements for the 2026 US midterms.
- The group targets competitive districts where its advocate network could influence close congressional races.
- Crypto-backed PACs spent more than $170 million in 2024; over 270 pro-crypto lawmakers reached Congress in 2025.
- Midterm results could affect Senate action on the Digital Asset Market Clarity (CLARITY) Act.
- All six candidates from Stand With Crypto's March endorsement slate advanced from their primaries.
Who Did Stand With Crypto Endorse for the 2026 Midterms?
Stand With Crypto released its latest slate on Monday, backing 32 politicians running for House of Representatives seats in the 2026 general election. The Coinbase-launched group evaluates candidates on digital asset policy and says it prioritizes races where Stand With Crypto advocate numbers are most likely to influence results.
The announcement builds on a smaller March rollout that endorsed six candidates—three Republicans and three Democrats. Every member of that first group won their primaries and remains on the ballot for November.
Why Does This Coinbase-Backed Endorsement Push Matter Now?
With just over two months until Election Day, crypto policy is emerging as a potential swing issue in tight congressional contests. Stand With Crypto executive director Mason Lynaugh said crypto voters have become a durable, motivated voting bloc with the power to decide key races.
"The midterms come at a key inflection point for crypto policy in Washington, D.C.," Lynaugh said. "As candidates from both parties are trying to reach voters outside of more traditional constituencies, they overlook Crypto Voters at their own peril."
During the 2024 election cycle, organizations and political action committees backed by crypto companies spent more than $170 million supporting industry-friendly candidates, many of whom won. Stand With Crypto said more than 270 pro-crypto candidates were sent to Congress in 2025, potentially shaping votes on legislation such as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.
For broader context on industry lobbying and market moves, see our Fintech & Crypto Alerts coverage.
How Could Midterm Results Affect Crypto Legislation?
The makeup of the next Congress could determine whether a comprehensive crypto market structure bill becomes law. The House passed the Digital Asset Market Clarity (CLARITY) Act with bipartisan support in July 2025, but Senate consideration has been delayed by debates over ethics, tokenization, and stablecoin rewards.
CLARITY is scheduled for a cloture motion once the Senate returns from recess on Sept. 15. The chamber will have only 14 days in session before breaking ahead of the November election. After the midterms, the Senate will have another 22 days before 2027 to return the bill to the House for potential presidential approval.
Last week, President Donald Trump stood alongside several crypto CEOs and urged the Senate to pass a "fair version" of CLARITY. However, polling shows a majority of Americans view the Trump family's crypto investments as inappropriate, which could complicate a Senate vote.
Reporting from Cointelegraph notes the endorsements arrive as Coinbase expands its onchain footprint, including tokenized stock launches on Base.
What Should Voters Watch Before Election Day?
Stand With Crypto's expanded slate signals that industry advocacy is shifting from broad spending to targeted district-level mobilization. Voters in competitive House races may see increased outreach from crypto advocates as November approaches.
With CLARITY awaiting Senate action and midterm margins potentially narrow, the 2026 election could set the legislative agenda for digital assets through 2027 and beyond.