Brad Garlinghouse (Ripple #xrpripple CEO) on US Crypto Bill: “Closest We’ve Ever Been”

Why It Matters

A federal crypto framework would legitimize digital assets, unlocking institutional capital and reshaping the U.S. financial landscape.

Key Takeaways

• Senate Banking Committee markup scheduled for crypto bill tomorrow.
• Ripple CEO says progress is closer than ever before.
• Coinbase withdrew from negotiations, creating regulatory vacuum in Washington.
• Industry optimism: 70% chance bill passes this year.
• Potential Trump signature before summer end could legalize crypto.

Summary

Brad Garlinghouse, Ripple’s chief executive, said the U.S. crypto‑friendly legislation is nearer than ever, citing a Senate Banking Committee markup slated for tomorrow. He highlighted that the bill has survived setbacks, including Coinbase’s public withdrawal, and that the current administration’s stance marks a dramatic shift from the previous Biden era.

Garlinghouse noted that the vacuum left by Coinbase’s exit spurred renewed interest from banks and other sectors, accelerating momentum. He referenced prediction‑market data suggesting roughly a 70 % probability the measure will clear Congress this year, and expressed optimism that President Trump could sign it before summer’s end.

Key remarks included, “We’re as close to the finish line as we’ve ever been,” and “When you create a vacuum in Washington, it gets filled.” These statements underscore the industry’s long‑standing push for regulatory certainty.

If enacted, the bill would provide a federal framework for digital assets, likely boosting institutional adoption, stabilizing market volatility, and positioning Ripple and other crypto firms for accelerated growth.

Original Description

In this video, Brad Garlinghouse, CEO of Ripple (XRP), shares why he believes the U.S. is “closest to the finish line” on a crypto bill, points to an upcoming Senate Banking Committee markup, and explains why he’s optimistic it could pass this year—potentially reaching the President’s desk by the end of summer.