Ripple CEO Brad Garlinghouse addressed lawmakers on X, firmly encouraging support for the CLARITY Act as it nears a decisive vote in the Senate. Garlinghouse characterized the legislation as
Ripple CEO Brad Garlinghouse addressed lawmakers on X, firmly encouraging support for the CLARITY Act as it nears a decisive vote in the Senate. Garlinghouse characterized the legislation as not just a mere compromise, but the result of substantial negotiations and policy trade-offs by lawmakers aiming to advance responsible digital asset regulation.
In his response to Treasury Secretary Scott Bessent, Garlinghouse stressed that Senators should not view the bill as a reluctant concession. Bessent previously described the measure as critical for maintaining US leadership in digital asset innovation. He urged lawmakers to approve the bill, arguing that failing to do so would signal to foreign competitors a lack of readiness to guide the next technological era.
Garlinghouse acknowledged that the drafting process involved hard concessions, but maintained these were necessary for consensus. Drawing attention to the practical nature of legislative progress in the evolving crypto sector, he remarked that waiting for a perfect solution could prevent much-needed reforms from taking effect.
This bill is not just a compromise—it resulted from meaningful, substantive policy trades to reach this point. Perfect should not be the enemy of good, and it is not a deal that Senators should be settling for. These were significant negotiations, and the outcome deserves their backing.
He advised lawmakers to consider the broader implications for both the market and future US competitiveness on the global stage.
The announcement generated robust engagement within the digital asset community. Influential figures in the XRP sector reiterated their support for legislative clarity. BankXRP, a prominent community commentator, underlined that regulatory transparency should take precedence over any potential delays. He called on the Senate to act without hesitation and provide the certainty digital asset markets require.
Another well-known community member highlighted Ripple’s operational scale, saying the company processed about $16 trillion in transactions over the past year—on par with leading payments networks such as Visa. However, only a tiny portion of that currently settles on-chain, through assets like XRP and stablecoins.
Proponents believe even a modest shift toward on-chain settlement could translate into hundreds of billions of dollars in increased blockchain transaction volume. Many analysts expect the clarity provided by the new framework to facilitate broader adoption and attract further institutional investment to the space.
Garlinghouse maintained that passing the CLARITY Act should not be seen as accepting a flawed option, but as an endorsement of policies forged through transparent and rigorous discussion. He asserted that the world’s eyes remain on the US Senate at this pivotal moment for digital asset legislation.
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Garlinghouse, Secretary Bessent, and much of the broader crypto industry continue to watch closely as the Senate prepares to vote, emphasizing both legislative urgency and the potential impact for XRP and the digital assets sector as a whole.
Passing the CLARITY Act could transfer more value easily onto the blockchain, sparking greater institutional investment and industry adoption. Even small increases in on-chain settlement could mean substantial growth for XRP and blockchain markets.
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