Ripple’s Chief Legal Officer, Stuart Alderoty, stated that the market structure bill Clarity Act seeks to protect the interests of 67 million crypto users in the US. The announcement coincides with a crucial legislative breakthrough, after the Senate Banking Committee approved the document with a strong bipartisan vote of 15-9. The tech firm, headquartered in California—the state with the highest adoption in the country, registering 9.5 million digital asset holders—holds high expectations for this regulatory framework.
The Clarity Act isn't about protecting an industry. It's about protecting everyday Americans who deserve clear rules when they participate in the multi-trillion dollar crypto economy.
67 million Americans already hold crypto. The data is in. It's time.
See how many holders are… https://t.co/BmQeBJBJgr
— Stuart Alderoty (@s_alderoty) May 20, 2026
This legislation is of vital importance for the crypto market as it establishes predictable rules of the game and delineates payment stablecoins from other investment assets. For Ripple, the consensus reached clears the regulatory path to expand its stablecoin RLUSD and legitimizes the use of XRP in cross-border settlements without regulatory interference. The prediction market already estimates an 80% probability of approval for this fiscal year.
In the coming month, the US Senate plans to bring the document to a full plenary vote. The current administration is pushing for the final ratification of the Clarity Act before July 4th, once the latest round of negotiations focused on ethical standards for government officials is resolved.
Source: https://x.com/s_alderoty/status/2057105917473136789
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