Ripple CEO Brad Garlinghouse Says Clarity Better than Chaos as Senate Hits Key Moment
Garlinghouse said the bill could still fail if the Senate Banking Committee does not schedule a mark-up hearing soon.
- Ripple CEO Brad Garlinghouse warned on Tuesday that the Digital Asset Market Clarity Act is not a "done deal," with the next two weeks pivotal for the legislation's chances.
- Last week, Senators revealed compromise language on stablecoin yield, expected to allow the Senate Banking Committee to schedule a hearing to "mark up" the bill and advance it.
- Garlinghouse predicted the stablecoin market will reach $3 trillion by 2031, growing from the current market of about $320 billion, led by Tether's USDT.
- The Ripple CEO emphasized that codifying crypto-friendly policies established by Chairman Paul Atkins would prevent future reversals, providing needed permanence without law changes.
- Garlinghouse warned in Miami that if the hearing does not happen soon, the legislation's likelihood of passing will "drop precipitously," underscoring urgency of the timeline.
17 Articles
17 Articles
Trump push to make US ‘crypto capital of the world’ gains steam as crypto bill nears Senate markup
Momentum is building behind President Donald Trump’s push to make the U.S. the "crypto capital of the world," as lawmakers work to advance key legislation that could reshape the industry."We obviously fully support the president’s agenda to make America the crypto capital of the world," said Zach Witkoff, CEO of World Liberty Financial.Witkoff, the son of Trump special envoy Steve Witkoff, discussed the CLARITY Act with FOX Business early Wednes…
Ripple CEO Says CLARITY Act Is a Done Deal as Senate Prepares Markup ETHNews
Ripple CEO Brad Garlinghouse stated at Consensus that he’s certain the CLARITY Act will be finalized in the coming weeks. Ohio Senator Bernie Moreno stated at a separate event that the Senate will mark up the Act in the coming week. After a standoff that pitted crypto companies against the banking sector, the CLARITY Act is finally seeing progress, with Ripple CEO Brad Garlinghouse now confident that it will sail through the Senate before the wi…
Ripple's Brad Garlinghouse: CLARITY Act Faces Critical Two-Week Deadline
Key Takeaways Brad Garlinghouse, CEO of Ripple, cautioned that the CLARITY Act faces a critical two-week window for advancement before its passage becomes unlikely This proposed legislation aims to establish federal cryptocurrency oversight, dividing regulatory authority between the CFTC and SEC A persistent stalemate in the Senate Banking Committee centers on whether stablecoin issuers can provide yield to token holders Despite a recent compro…
Ripple CEO Warns: If CLARITY Act Markup Slips, Chances Fall ‘Precipitously’
Days after the Senate Banking Committee released its draft language for the CLARITY Act, Ripple CEO Brad Garlinghouse delivered a blunt message about the road ahead for the delayed crypto market-structure bill. Speaking Tuesday at CoinDesk’s Consensus Miami event, Garlinghouse said the next two weeks could prove decisive—not just for the momentum of the legislation, but for whether it ultimately clears one of the last key procedural hurdle. Rip…
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