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Ripple CEO says US crypto bill could boost XRP ecosystem and crypto adoption by banks.

Market News
08 May 2026
Zycrypto
View Source
Bullish
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Ripple CEO Brad Garlinghouse expressed confidence that the proposed CLARITY Act in the US could accelerate growth in the XRP ecosystem by creating clearer, more stable regulations for crypto. He emphasized that Ripple supports the bill not due to XRP's own legal status, which a federal judge has clarified is not a security, but because it would encourage major financial institutions to engage more with digital assets. Garlinghouse highlighted that current regulatory uncertainty and fears of policy reversals hinder institutional adoption, and that legislation would provide lasting clarity beyond temporary guidelines. He also noted Ripple's continued investment in US infrastructure and expressed hope for bipartisan support in Congress, which could position the US as a leader in blockchain innovation and prevent crypto firms from relocating abroad.

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