Ripple’s chief executive Brad Garlinghouse stated that he perceives a 90% chance of the CLARITY Act being enacted by April 2026. He pointed out that the outlook has improved due to consistent legislative advancements in Washington.

“The improved odds reflect recent engagement between lawmakers, the White House, crypto firms, and banking representatives.”

According to Garlinghouse, discussions have evolved from broad disagreements to addressing specific policy details, indicating legislative momentum in Washington.

Legislative Progress in Washington

During an appearance on Fox Business, Garlinghouse shared his revised perspective, noting an increase in bipartisan interest in market structure legislation. Recent meetings have effectively reduced previous barriers to progress.

The CLARITY Act, which is aimed at establishing a comprehensive federal framework for digital assets, received bipartisan support after passing in the House of Representatives in 2025. Although the Senate’s consideration has been slower, analysts believe the current rate signifies a renewed urgency.

To ensure progress, involved parties are reportedly aiming to resolve outstanding policy issues by March 1, 2026, with midterm elections approaching and legislative calendars tightening.

Central Issues: Stablecoins and Regulation

The CLARITY Act, formally known as the Digital Asset Market Clarity Act, seeks to designate oversight roles for digital assets, distinguishing between securities and commodity-like assets.

Supporters argue that a clearer legal framework would alleviate uncertainties and provide consistent guidance for firms operating in the U.S., potentially reducing compliance risks.

Stablecoins remain a contentious topic, particularly debates over whether their issuers can offer yield-like features on reserve-backed funds. Banking advocates caution that such practices might impact deposits, while crypto firms argue that restrictions could drive business to other jurisdictions.

Garlinghouse emphasized that prolonged ambiguity has stifled innovation and that isolated court rulings cannot substitute for comprehensive industry regulations. Overall, anticipation for the bill’s passage continues to rise, with analysts viewing the upcoming months as crucial for momentum.