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XRP News: Ripple CEO Brad Garlinghouse Says CLARITY Act Trades ‘Weren’t Small’
Ripple CEO Brad Garlinghouse pushed back Sunday on the idea that the CLARITY Act represents a watered-down compromise, responding to Treasury Secretary Scott Bessent’s public reaffirmation of support for the bill.
“This bill isn’t just a compromise, it’s the product of real, substantive trades policymakers made to get here,” Garlinghouse wrote, adding that those trades “weren’t small.” His message to lawmakers was, “The world is watching and voters are watching. Now is the time to vote yes.”
What Bessent Said That Prompted the Response
Bessent’s post, which Garlinghouse was reacting to, reiterated the administration’s view that CLARITY is essential to America winning the global technology race, framing it alongside the GENIUS Act as part of a broader push to build stablecoin infrastructure domestically.
Bessent said the final draft gives the Treasury Secretary added authority to intervene if stablecoins begin harming community banks through deposit flight
He called that protection non-negotiable: “If stablecoins cause harm to community banks, I will not hesitate to use these tools to ensure they remain fully protected”
He tied the bill directly to broader US economic growth over the coming decades
Why “Compromise” Undersells What’s Actually Still Unresolved
Garlinghouse’s framing arrives against a backdrop where the bill’s three remaining points, stablecoin yield, illicit finance, and ethics, are not equally close to resolution. In an interview with Coinpedia, Adrian Wall, Managing Director at the Digital Sovereignty Alliance, broke down where each #Write2Earn $XRP
XRP News: Ripple CEO Brad Garlinghouse Says CLARITY Act Trades ‘Weren’t Small’
Ripple CEO Brad Garlinghouse pushed back Sunday on the idea that the CLARITY Act represents a watered-down compromise, responding to Treasury Secretary Scott Bessent’s public reaffirmation of support for the bill.
“This bill isn’t just a compromise, it’s the product of real, substantive trades policymakers made to get here,” Garlinghouse wrote, adding that those trades “weren’t small.” His message to lawmakers was, “The world is watching and voters are watching. Now is the time to vote yes.”
What Bessent Said That Prompted the Response
Bessent’s post, which Garlinghouse was reacting to, reiterated the administration’s view that CLARITY is essential to America winning the global technology race, framing it alongside the GENIUS Act as part of a broader push to build stablecoin infrastructure domestically.
Bessent said the final draft gives the Treasury Secretary added authority to intervene if stablecoins begin harming community banks through deposit flight
He called that protection non-negotiable: “If stablecoins cause harm to community banks, I will not hesitate to use these tools to ensure they remain fully protected”
He tied the bill directly to broader US economic growth over the coming decades
Why “Compromise” Undersells What’s Actually Still Unresolved
Garlinghouse’s framing arrives against a backdrop where the bill’s three remaining points, stablecoin yield, illicit finance, and ethics, are not equally close to resolution. In an interview with Coinpedia, Adrian Wall, Managing Director at the Digital Sovereignty Alliance, broke down where each #Write2Earn $XRP
