Ripple CEO Brad Garlinghouse has voiced strong confidence that the U.S. Clarity Act could pass by the end of April with a 90% probability, a view that is notably more optimistic than current prediction market pricing. His comments underscore rising expectations across the crypto sector that Washington may finally move closer to a clearer regulatory framework for digital assets.
Why optimism is building
According to Garlinghouse, momentum behind the bill is being driven by two main forces: pressure from the White House and expanding support from the crypto industry itself. He argued that if the United States wants to maintain a leadership position in crypto, it needs practical and timely regulatory clarity rather than prolonged uncertainty.
He also stressed that clearer rules would not only benefit crypto-native firms. Traditional banks, in his view, are increasingly interested in competing in the sector, but they need a transparent legal framework before committing more aggressively. That makes the legislative push important not just for market sentiment, but also for how future competition between banks and crypto firms could develop.
Key obstacles remain
Despite the upbeat outlook, the Clarity Act still faces meaningful hurdles. The most notable issue highlighted in the report is disagreement in the Senate over stablecoin reward provisions. Those disputes could complicate negotiations over the final text and potentially slow the bill’s path forward.
Even so, Garlinghouse’s position reflects a broader shift in the industry toward pragmatic regulatory progress. Rather than holding out for a perfect framework from the start, many market participants now appear more focused on securing workable rules that can provide a foundation for broader adoption and institutional participation.
For the crypto market, the Clarity Act is increasingly being viewed as more than a single piece of legislation. Its progress could serve as a broader signal of whether the U.S. is prepared to offer the long-term policy certainty that digital asset businesses and financial institutions have been seeking.