todayonchain.com

Ripple CEO Brad Garlinghouse says Clarity better than chaos as Senate hits key moment

CoinDesk
Ripple CEO Brad Garlinghouse emphasizes the urgent need for Senate progress on the crypto market structure bill to avoid regulatory uncertainty.

Summary

Ripple CEO Brad Garlinghouse stressed the importance of the U.S. Senate moving forward with the Digital Asset Market Clarity Act, noting that the next two weeks are critical for the legislation's success. He argued that while the compromise bill is not perfect, obtaining legislative clarity is preferable to the current regulatory chaos. The bill aims to codify crypto-friendly policies into law to prevent future SEC leadership from reversing progress made under Chairman Paul Atkins. Additionally, Garlinghouse expressed optimism for the stablecoin market, predicting it will reach $3 trillion by 2031.

(Source:CoinDesk)