CLARITY Act Seen as Last Regulatory Hurdle for XRP Institutional Adoption

Ripple CEO Brad Garlinghouse views the CLARITY Act as the final major regulatory hurdle for XRP's institutional adoption. The Act aims to provide clearer consumer protection, anti-money laundering, and know-your-customer rules, reducing regulatory uncertainty that has held back banks and financial institutions from engaging with crypto.

According to Garlinghouse, if passed, the CLARITY Act could unlock new growth opportunities for XRP in cross-border payments, tokenized assets, and stablecoin settlements. This clarity might also remove XRP's regulatory discount, potentially accelerating innovation and institutional participation in the digital asset space.

The Act aims to provide clear rules for consumer protection, anti-money laundering, and know-your-customer requirements, reducing uncertainty that has held back banks from engaging with crypto. If passed, it could unlock new growth opportunities for XRP.