Brad Garlinghouse says CLARITY bill has ‘90% chance’ of passing by April

Ripple CEO Predicts 90% Chance for Clarity Act Passage by April, Igniting Crypto Industry Optimism

In a bold declaration that’s sending shockwaves through the cryptocurrency world, Ripple CEO Brad Garlinghouse has dramatically increased his prediction for the passage of the long-awaited Clarity Act, now estimating a 90% probability it will become law by the end of April. This seismic shift in confidence comes as renewed political momentum builds in Washington, with crypto industry leaders and traditional banking executives engaging in high-level discussions that could finally deliver the regulatory certainty the digital asset sector has desperately sought for years.

Speaking during a high-profile appearance on Fox Business, Garlinghouse painted a picture of accelerating progress, citing recent meetings in the nation’s capital that brought together leaders from both the crypto ecosystem and established financial institutions. The CEO’s optimism reflects a broader sense that the political landscape has shifted, with lawmakers showing unprecedented willingness to tackle the complex regulatory framework surrounding digital assets after months of frustrating delays and uncertainty.

The Clarity Act represents a watershed moment for the cryptocurrency industry, designed to finally draw clear boundaries between which digital assets fall under securities regulations and which would be governed by the Commodity Futures Trading Commission. This legislative distinction has been the source of endless debate and legal battles, with companies like Ripple itself having to fight costly court battles to establish their regulatory status.

However, the path to passage hasn’t been without significant friction. The bill has encountered substantial resistance over provisions related to stablecoin rewards and whether cryptocurrency platforms should be permitted to offer yield-like incentives to their customers. The White House has reportedly set an aggressive March 1 deadline to push negotiations forward, signaling that the administration views regulatory clarity as a priority for the burgeoning digital asset sector.

Garlinghouse was candid about the bill’s imperfections, acknowledging that the Clarity Act isn’t the perfect solution the industry might have hoped for. However, he emphasized that regulatory certainty, even if imperfect, is vastly preferable to the current state of limbo that has plagued the cryptocurrency sector. The CEO pointed to Ripple’s own experience, noting that the company secured a federal court ruling last year establishing that XRP is not a security, providing Ripple with clarity that remains elusive for much of the broader crypto industry.

“The industry can’t live in limbo,” Garlinghouse stated emphatically, arguing that the current regulatory uncertainty has acted as a significant drag on innovation and market sentiment. His comments come at a particularly challenging time for the cryptocurrency sector, which has been grappling with a broader market pullback and renewed volatility across digital assets. While Bitcoin and other major cryptocurrencies have struggled in recent weeks, Garlinghouse highlighted that Ripple continues to see growing interest from corporate treasurers and financial institutions exploring stablecoins, liquidity management solutions, and cross-border payment systems.

Since 2023, Ripple has made substantial investments in its future, spending nearly $3 billion on strategic acquisitions to expand its capabilities in custody services, prime brokerage, and treasury management. The company’s aggressive expansion strategy reflects confidence in the long-term viability of the cryptocurrency sector, even as short-term market conditions remain challenging. Garlinghouse indicated that Ripple would be pausing on major acquisitions in the near term to focus on integrating its recent purchases and maximizing the value of its existing portfolio of companies.

What’s particularly noteworthy is the changing attitude among traditional financial players, who increasingly view regulatory clarity as essential for competing on equal footing with crypto-native firms. This shift represents a dramatic change from just a few years ago when many traditional financial institutions viewed cryptocurrencies with skepticism or outright hostility. Garlinghouse suggested that this evolving perspective reflects the growing recognition that digital assets and blockchain technology represent fundamental innovations in how financial transactions can be conducted.

If the Clarity Act advances as Garlinghouse predicts, it could mark one of the most significant legislative milestones for the U.S. cryptocurrency sector to date. The bill’s passage would provide a framework for innovation while establishing guardrails to protect investors and maintain market integrity. This balance has been the elusive goal of cryptocurrency advocates for years, and its achievement could unleash a new wave of development and investment in the sector.

The market appears to share Garlinghouse’s optimism, with Polymarket bettors currently giving the bill an 82% chance of passing by the end of the year. This betting market reflects growing confidence among industry participants that regulatory clarity is finally within reach, potentially ushering in a new era of legitimacy and growth for the cryptocurrency sector in the United States.

The stakes couldn’t be higher. The United States has risked falling behind other jurisdictions that have moved more quickly to establish clear regulatory frameworks for digital assets. Countries like Switzerland, Singapore, and the United Arab Emirates have positioned themselves as crypto-friendly jurisdictions, attracting investment and innovation that might otherwise have flowed to American companies. The passage of the Clarity Act could help ensure that the United States remains competitive in the global race to lead the digital asset revolution.

As the April deadline approaches, all eyes will be on Washington to see whether Garlinghouse’s bold prediction proves accurate. The cryptocurrency industry has been waiting years for this moment, and the potential passage of the Clarity Act could finally provide the regulatory certainty needed to unlock the next phase of growth and innovation in digital assets.

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