Ripple CEO Brad Garlinghouse declared he has never been an XRP (CRYPTO: XRP) maxi and wants Bitcoin (CRYPTO: BTC) to succeed as the CLARITY Act faces a pivotal two-week window for Senate advancement.
CLARITY Act Needs Hearing This Month
Garlinghouse maintains hope for the Senate’s CLARITY Act but warned its survival depends on the next two weeks.
The market structure bill awaits scheduling of a Senate Banking Committee hearing, though bank lobbyists continue resisting.
“If it doesn’t happen then, I think the likelihood is going to drop precipitously,” Garlinghouse told attendees Tuesday at Consensus 2026 in Miami.
He still thinks the hearing will happen but emphasized the narrow window for action.
Senators revealed compromise language last week on stablecoin yield, the major sticking point that had stalled the bill.
The compromise allows crypto firms to pursue certain rewards programs …
