Ripple CEO predicts CLARITY Act to pass by end of May. XRP News.

April 14, 2026

Garlinghouse has been vocal about the progress of the CLARITY Act, a bill that would make XRP’s commodity status permanent federal law. Despite multiple deadline extensions, with the latest pushed to the end of May, support for the bill has only grown stronger. Prominent figures who were once against it are now endorsing it, including Coinbase CEO Brian Armstrong, Treasury Secretary Bessent, and the SEC Chair. The stablecoin yield dispute that caused delays since January is nearing resolution, with a compromise expected soon.

At the Semafor World Economy Summit in Washington on April 13, Garlinghouse addressed the ongoing delay of the CLARITY Act, mentioning that the stablecoin yield dispute between banks and crypto firms is close to being resolved. He expressed confidence that a compromise would be reached, emphasizing that negotiations often progress when parties are at their peak frustration and on the brink of compromising.

The bill has faced challenges, particularly due to the issue of whether crypto platforms should be allowed to offer interest-like rewards on stablecoin balances. This has caused significant debate, with banks fearing competition from stablecoins could drain deposits while crypto firms argue that banning yield would unfairly favor banks and cost consumers money. A compromise banning passive yield while allowing activity-based rewards is being considered to address these concerns.

With Armstrong’s endorsement of the bill and potential progress on the stablecoin yield compromise, the outlook for the CLARITY Act is positive. However, despite increasing support, the bill still needs to navigate several steps, including committee approval and reconciliation with other versions, before reaching the President’s desk for signing.

Garlinghouse remains optimistic about the bill’s prospects, but with limited Senate working days left and several procedural hurdles to overcome, time is of the essence. The window for XRP to achieve permanent regulatory clarity in 2026 is shrinking, and any further delays could impact the bill’s chances of passing this year.

While Garlinghouse has missed previous deadlines, the momentum behind the CLARITY Act suggests that progress is being made. With key opponents now showing support and compromises being reached, there is renewed hope that the bill will finally move forward. The upcoming weeks will be critical in determining the fate of the bill and whether XRP will secure the regulatory clarity it needs for institutional adoption to flourish.