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CLARITY Act approval odds hit 69%, boosting XRP price outlook amid stablecoin yield compromise

Market News
03 May 2026
Coingape
Bullish
pluang ai news

The odds of the U.S. CLARITY Act passing Congress have risen to 69%, following a resolution on stablecoin yield disputes between banks and crypto firms. This legislative progress is seen as a positive signal for the crypto market, with Senate Banking Committee chair Tim Scott indicating the bill is nearing a critical stage. Pro-XRP lawyer Bill Morgan noted that passing the CLARITY Act could boost confidence and support XRP prices, while failure might pressure the broader crypto market and XRP downward. Lawmakers are preparing for a key Senate markup expected in May 2026.

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