Brad Garlinghouse, CEO of Ripple, stated that the Clarity Act, which is expected to bring regulatory clarity to the digital asset market in the USA, is very likely to become law by the end of April. It is emphasized that the uncertainty that has been going on for years in the crypto industry may end with this regulation.
Latest Situation in the US Congress and the Legal Process
Brad Garlinghouse stated that the process in Washington has accelerated in recent months, the deadlock in the Senate is about to be overcome, and an agreement between the parties on key points is close. Garlinghouse stated that the meetings between industry representatives and the banking world accelerated the negotiations. The US administration has set March 1 as the negotiation period for the talks held in Congress.
If the proposed law is adopted, the boundaries of authority between regulators will be clarified and a legal framework will be provided for financial institutions. This is expected to pave the way for major financial institutions to enter the crypto spot markets.
Clarity Act and Developing Momentum in the Industry
The Digital Asset Market Clarity Act (Clarity Act) was passed with bipartisan support in the House of Representatives in July 2025 by a vote of 294 to 134. However, the law could not advance in the Senate for a long time due to disagreements over regulatory authority limits.
In recent weeks, as activity in the Senate has increased, cooperation between regulatory bodies has also strengthened. Paul Atkins, chairman of the US Securities and Exchange Commission, announced that the Securities and Exchange Commission and the Commodity Futures Trading Commission are working together within the scope of an initiative called “Project Crypto”.
Garlinghouse stated that Ripple was one of the prominent companies of the past year, and that the company continues to increase the momentum of the sector as we enter 2026. He added that there is intense interest from company CFOs and treasury managers on how stablecoins can be used and provide benefits.
Stablecoin Discussions and Market Impact
While some market participants state that the Clarity Act is more likely to be passed by the end of the year, the April target is considered ambitious. The main element that is still unresolved in the bill is stablecoins. In particular, the issue of whether platforms can offer income-style incentives to their users has become one of the factors slowing down the processes in the discussions in the Senate Banking Committee.
Ripple has made approximately $3 billion in purchases and investments in the last two years. The company focuses on strengthening its custody and treasury infrastructure with these investments.
Brad Garlinghouse pointed out that corporate treasury managers are increasingly demanding more information on stablecoins and international payments. However, he emphasized that a clear legal framework at the federal level is expected for significant capital inflows.
