Ripple’s CEO, Brad Garlinghouse, recently predicted that the CLARITY Act will likely be approved by May 2026. He also believes that stablecoin payments are inevitable, and the question is simply when they will become widespread.
“People Are Exhausted. That Is When They Finally Compromise”
Brad Garlinghouse was open about the slow progress of cryptocurrency legislation in Washington. He explained that the CLARITY Act, which aims to clarify whether digital assets are securities or commodities, has been delayed mainly due to disagreements among banks regarding how stablecoins should offer returns and rewards.
However, he remains optimistic. He recently spent two days in Washington, D.C., talking with people working on new laws, and those conversations left him feeling hopeful.
According to someone with inside knowledge, people tend to reach agreements when they’re completely tired and frustrated. I believe we’ve reached that point, and I expect to see some progress by the end of May,” Garlinghouse said, chuckling.
A Night and Day Difference From the Biden Era
As a crypto investor, I think what Ripple’s Brad Garlinghouse said really hit home. Just nine days ago, the SEC and CFTC finally agreed that 16 different cryptocurrencies are officially commodities. That’s a huge deal – something we definitely wouldn’t have seen happening under the previous administration, and it’s already changing things for the better.
He pointed out the difference between the current approach and the Biden administration’s policies, which he said had pushed cryptocurrency businesses to operate outside the U.S. He also stated that his administration has already made significant strides in creating a clearer and more structured regulatory environment for the industry.
The recent passage of the GENIUS Act is a key reason why major corporations are now seriously considering stablecoins. Before this law, large companies weren’t really discussing using them, but now CEOs and CFOs of Fortune 2000 companies are actively exploring the possibility.
The Stablecoin Wave Is Coming and It Is Coming Fast
Regarding the future of cryptocurrency, Garlinghouse was clear. He pointed to forecasts from prominent figures in traditional finance, such as Stanley Druckenmiller, who believes stablecoins will handle all payments by 2030, and Larry Fink, CEO of BlackRock, who anticipates that all assets will eventually be represented as tokens.
“They’re not far off the mark,” added Zach, who was sitting next to Garlinghouse. “This is simply a better version of what we have now.”
Garlinghouse finished his remarks with a quote that captured his overall perspective: “We tend to think too much about what will happen in the short term and not enough about the long term.”
What This Means for XRP and Ripple
According to Garlinghouse, Ripple isn’t heavily involved in the debate over stablecoin yields, which has stalled the CLARITY Act. Ripple created its own stablecoin, RLUSD, and focuses on providing payment infrastructure, not earning rewards from stablecoins. This puts Ripple in a fairly neutral position as banks and crypto companies argue about who should benefit from those rewards.
The CLARITY Act could be voted on in the Senate within weeks, and Ripple CEO Brad Garlinghouse believes it might pass by the end of May. This makes the next few weeks critical, as the outcome could significantly shape how the US government regulates all cryptocurrencies.
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2026-03-27 21:08