🚨BREAKING: Senate Banking Committe Prepares CLARITY Act Markup as XRP
Regulatory Outlook Advances
Washington - The U.S. Senate Banking Committee is expected to hold a markup on the CLARITY Act in the final two weeks of April, marking the next major step for long-discussed crypto regulatory legislation that has already passed the House on a bipartisan basis.
The bill seeks to establish clearer federal standards for digital assets, moving away from case-by-case enforcement and toward defined commodity treatment for qualifying tokens. Industry observers are closely watching the timeline, as the legislation would build on earlier 2025 developments that resolved the SEC's long-running case against Ripple and formally classified XRP as a digital commodity.
The development comes amid steady institutional activity. Spot XRP exchange-traded funds, approved by the SEC in late 2025 and launched by issuers including Canary Capital and Bitwise, recorded more than $1.44 billion in net inflows during the first quarter of 2026.
Separately, Ripple's RLUSD stablecoin has completed its full-scale rollout across the XRP Ledger and Ethereum, with reports indicating it is now contributing to elevated on-chain transaction volumes.
Ripple executives have described 2026 as a year of scaled institutional focus on the XRP Ledger, consistent with earlier statements from company leadership about expanding real-world utility in cross-border payments and tokenized asset infrastructure.
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