Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

• Ripple CEO Brad Garlinghouse said momentum around the CLARITY Act has improved and that compromise now appears close.
• He said he expects the bill to pass by the end of May, later than his earlier target of April.

Ripple chief executive Brad Garlinghouse says the long-running fight over the CLARITY Act may finally be reaching the point where frustration turns into compromise.

Speaking at the Semafor World Economy event on April 13, Garlinghouse said the negotiations between banks and crypto representatives appear to be nearing resolution after months of tension, particularly around stablecoin yields.

Garlinghouse says the Senate deadlock is close to breaking

That matters because the CLARITY Act has become one of the more closely watched crypto bills in Washington, not only for what it could mean for regulation, but for what it says about whether the industry and the banking sector can still find common language at all.

Garlinghouse’s remarks suggest the private negotiations have progressed further than the public noise might indicate. He now expects the bill to pass by the end of May, a modest delay from his earlier forecast that pointed to passage by the end of April.

The shift in timing is not trivial. It reflects how difficult the final stretch has been, especially as lawmakers, banks and crypto companies have wrestled over whether stablecoin issuers should be allowed to offer yield and how far the law should go in defining digital asset activity.

Ripple ties the bill to a broader financial transition

Garlinghouse also used the discussion to place Ripple’s own strategy inside that wider policy shift. The company has continued building partnerships with financial institutions across multiple jurisdictions, with XRP and RLUSD positioned as tools that could help narrow the gap between traditional finance and crypto-based infrastructure.

That framing is familiar from Ripple, but it lands differently in the current context. If the CLARITY Act does move forward, it could give firms like Ripple a clearer legislative backdrop for products and partnerships that have often been developed in a more uncertain policy environment.

For now, Garlinghouse is not claiming victory. But his tone was notably firmer than it had been just weeks ago, which suggests the conversation in Washington may be moving, finally, from stalemate toward actual legislative closure.