Brad Garlinghouse Sees 90% Chance CLARITY Act Passes by April 2026 as Banks Battle Stablecoin Yield Rules

On 3 March 2026, Ripple CEO Brad Garlinghouse said he believes there is a 90% chance the Digital Asset Market CLARITY Act will be approved by the end of April 2026 and argued the bill is primarily aimed at protecting U.S. consumers. The legislation, which cleared the House in July 2025 but is stalled in the Senate over stablecoin yield provisions opposed by major banks, would reassign regulatory authority between the SEC and CFTC and introduce a new "maturity test" for digital assets. Market projections for XRP tied to the bill's passage range from a conservative $2.80 to bullish scenarios of $15–$30, while prediction markets currently assign lower odds of enactment than Garlinghouse.