For $XRP, the developments are particularly significant. Ripple has spent years pushing for clearer rules around digital assets, and Garlinghouse believes the recent shift in Washington represents a major step forward. He also highlighted the growing involvement of traditional financial giants, suggesting that crypto is becoming increasingly integrated with the broader financial system.
A clearer regulatory framework could have wider implications for the entire market. $BTC and $ETH would benefit from greater institutional certainty, while networks such as $LINK, $SOL, and $ADA could see stronger adoption if regulatory barriers around tokenization, infrastructure, and decentralized applications continue to ease.
Still, the legislation is not finished. The CLARITY Act faces challenges in the Senate, with a procedural vote expected in September, meaning political negotiations could still alter the final outcome.
If Garlinghouse's optimism proves correct, the next phase of U.S. crypto regulation could mark a major turning point. Clearer rules would potentially reduce uncertainty for businesses, attract more institutional capital, and give major cryptocurrencies a stronger foundation for long-term growth.
