Ripple Joins 120 Firms in Push for CLARITY Act Progress

Ripple Joins 120-Firm Push as U.S. Edges Closer to CLARITY Act Breakthrough 

Momentum is picking up in Washington on long-awaited crypto market structure rules, with Ripple and a broad coalition of digital asset firms actively shaping the policy debate. 

As noted by market analyst ChartNerd, Ripple is among roughly 120 firms across the digital asset industry, including OKX, Chainalysis, and Chainlink Labs, working alongside the Blockchain Association and the Crypto Council for Innovation to urge the Senate Banking Committee to move forward with a markup of the CLARITY Act, a proposed framework aimed at bringing clearer regulatory structure to the U.S. digital asset market. 

For many in the industry, this push reflects rising frustration with ongoing regulatory uncertainty. 

Without a unified framework, oversight has become fragmented, with overlapping agency roles and inconsistent treatment of similar crypto assets. Supporters of the CLARITY Act say it could help fix this by clearly dividing responsibilities and setting more consistent compliance rules across the market. 

CLARITY Act Gains Momentum as Washington Weighs Crypto Framework Amid Stablecoin Debate 

Regulatory signals point to growing momentum behind the legislation. CFTC Chair Mike Selig recently told lawmakers he expects the CLARITY Act could eventually land on President Trump’s desk, underscoring rising confidence that Congress is moving closer to agreement on a comprehensive crypto market structure framework. 

While the timeline remains uncertain, Washington’s tone has clearly shifted from skepticism toward active negotiation. 

The path forward remains uneven. Senator Thom Tillis has called on the Senate Banking Committee to postpone the markup until May, pointing to unresolved debates over stablecoin yield provisions. 

At the center of the dispute is how yield-bearing stablecoins should be regulated, an issue that continues to split lawmakers and industry stakeholders. Some argue a delay is necessary to strengthen safeguards and close regulatory gaps, while others caution that further slowing the process risks prolonging uncertainty at a time when the sector is pushing for clarity.

Therefore, these developments highlight a critical juncture in U.S. crypto policy. Industry groups are pressing for faster action and clearer rules, while legislators continue to navigate long-standing technical and ideological divides that have shaped the debate around digital asset regulation.

The next phase for the CLARITY Act will likely hinge on how quickly these differences can be resolved. Still, the direction of travel is increasingly clear: the question is no longer whether regulation will come, but how it will be structured, and when it will finally take shape.