Senate Votes Looms on Clarity Act, Pivotal Moment for XRP, XLM, and HBAR

The US Senate will hold a procedural vote on September 15 to determine whether the CLARITY Act moves towards a final floor decision. The legislation aims to establish a federal market structure for digital commodities and has already cleared the House and the Senate Banking Committee.

The three assets that regulators have explicitly classified as commodities - XRP, Stellar's XLM, and Hedera's HBAR - are closely watching this development. In 2026, both the Securities and Exchange Commission and the Commodity Futures Trading Commission named these assets as examples of digital commodities.

CFTC Chairman Michael Selig has signaled that the agency is ready to implement new rules without delay if Congress passes the bill. This readiness among US regulators reflects a broader effort to formalize oversight of assets already treated as commodities by the agencies themselves.