Ripple CEO Puts 90% Odds on U.S. Crypto Bill Passing

Ripple CEO Brad Garlinghouse signals a major shift in the U.S. regulatory environment, estimating a 90% probability that the Digital Asset Market Clarity Act (H.R. 3633) will be passed by the end of April.

Speaking in a recent interview with Fox Business, Garlinghouse said that despite months of delays in the Senate, the Washington “gridlock” is finally beginning to break. The White House has reportedly set a March 1 deadline to finalize negotiations, particularly around stablecoin provisions.

Breaking the Washington Gridlock

The Clarity Act, which passed the House in July 2025 with strong bipartisan support (294–134), stalled in the Senate due to jurisdictional disputes. However, Garlinghouse points to shifting momentum following high-level meetings between banking leaders and crypto industry executives. He argues that the industry can no longer operate solely under enforcement-based oversight — it requires codified rules to thrive.

Key regulators also appear to be aligning. SEC Chair Paul Atkins recently confirmed that the SEC and CFTC are coordinating through “Project Crypto,” signaling a move away from regulation-by-enforcement toward a more structured framework with clearer jurisdictional boundaries.

Garlinghouse’s 90% confidence significantly exceeds the roughly 78% probability currently reflected in decentralized prediction markets for passage by year-end. He acknowledges that debates over yield incentives for stablecoins remain the primary obstacle — an issue that previously slowed discussions in the Senate Banking Committee — but maintains that the urgency for federal guardrails will ultimately prevail.

Market Impact: What It Means for XRP

For XRP investors, passage of the Clarity Act would represent the “final box to check” before broader institutional adoption. While Ripple has already secured a landmark court ruling that XRP is not a security, federal legislation would cement that status into law, effectively removing the regulatory gray area that has sidelined conservative institutional capital for years.

Garlinghouse highlighted growing interest from corporate treasurers in stablecoins and cross-border payment solutions. These entities are not waiting for a “perfect” market, but they require federal guardrails before allocating significant capital. He added that Ripple has continued to invest aggressively, deploying $3 billion in acquisitions since 2023 to strengthen its custody and treasury infrastructure.

If April deadlines are met, analysts expect a swift rotation of capital back into large-cap tokens with proven utility. Such a legislative breakthrough could align with a broader market recovery, providing a meaningful fundamental catalyst.

See also: "Kevin O'Leary Explains How Institutions React to a Sharp Bitcoin Drop and Quantum Technology Risks"

#USA #Crypto Regulations

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