Ripple CEO Predicts 90% Chance of U.S. Crypto Clarity Act Passing by April

Ripple CEO Brad Garlinghouse says confidence is rising across the cryptocurrency industry that long-awaited U.S. crypto regulation may soon become reality. Speaking on Fox Business, Garlinghouse stated he now sees a 90% chance that the proposed Clarity Act will pass by the end of April, signaling growing optimism that lawmakers are prepared to deliver long-sought regulatory clarity for digital assets.

According to Garlinghouse, momentum has accelerated after renewed engagement from members of Congress and the White House. He described recent meetings in Washington involving leaders from both crypto companies and traditional financial institutions, suggesting stronger bipartisan appetite to move comprehensive crypto legislation forward after months of uncertainty. Reports indicate the White House has set a March 1 target to advance negotiations.

The Clarity Act aims to clearly define which digital assets qualify as securities under U.S. law and which fall under the oversight of the Commodity Futures Trading Commission (CFTC). The bill has faced debate over stablecoin reward programs and whether crypto platforms should be allowed to offer yield-like incentives to users. Despite these sticking points, Garlinghouse emphasized that regulatory certainty is critical for innovation and market stability.

Ripple previously secured a federal court ruling determining that XRP is not a security, giving the company a degree of legal clarity that much of the broader crypto market still lacks. Garlinghouse argued that the industry cannot continue operating in regulatory limbo, especially as market volatility and a broader crypto pullback weigh on investor sentiment.

Even amid recent price swings in bitcoin and other cryptocurrencies, Ripple reports growing interest from corporate treasurers and financial institutions exploring stablecoins, cross-border payments, and liquidity management solutions. Since 2023, Ripple has invested nearly $3 billion in acquisitions, expanding into crypto custody, prime brokerage, and treasury services, though the company plans to pause major deals to focus on integration.

If passed, the Clarity Act would represent one of the most significant milestones for U.S. crypto regulation, with prediction market Polymarket currently assigning an 82% probability of passage by year-end.