Ripple CEO Brad Garlinghouse publicly urged Congress on July 22 to advance the Digital Asset Market CLARITY Act, backing a message from Ripple Chief Legal Officer Stu Alderoty and calling for lawmakers to move the legislation forward.

Garlinghouse amplified Alderoty’s position with the statement: “Perfect can’t be the enemy of good. Let’s get this done !” His remarks came as the bill remained under active Senate negotiation, with seven Senate Democrats seeking stronger consumer-protection and enforcement safeguards before any possible floor vote.

Alderoty presented the CLARITY Act as a consumer protection bill, citing strengthened anti-money laundering and know-your-customer requirements, expanded enforcement tools for law enforcement agencies, and new authority for state attorneys general. Garlinghouse endorsed that framing.

“The Clarity Act is a consumer protection bill: strong AML/KYC, real tools for law enforcement and state AGs. Leave it on the table and consumers are left twisting in the wind with the status quo with no clear standards for bad actors to exploit (again). Perfect can't be the…” — Stuart Alderoty (@s_alderoty) July 22, 2026

https://x.com/s_alderoty/status/2080015889605562598?ref_src=twsrc%5Etfw

Ripple global co-head of public policy Lauren Belive also raised concerns about rejecting the bill, warning that doing so could leave digital asset users exposed to structural gaps similar to those that enabled the FTX collapse.

The institutional dimension remains central to Ripple’s argument for the legislation. Garlinghouse has repeatedly described the CLARITY Act as the final legislative barrier to XRP reaching broader institutional crypto scale. The company has pointed to the potential for a CFTC commodity classification to help expand institutional access to XRP and related products. That classification question matters because it would determine which federal market regulator has primary oversight and what compliance path exchanges, custodians, and other intermediaries would need to follow.

Lummis Defends the Framework as Democrats Seek Changes

Senator Cynthia Lummis has continued to lead the Republican defense of the bill, describing CLARITY as a framework intended to improve regulator accountability, strengthen market oversight, and give compliant companies clearer operating rules.

Lummis’s argument is that clearer federal standards would benefit both legitimate digital asset companies and the regulators responsible for policing misconduct. Supporters have framed the bill as enforcement infrastructure rather than industry relief, an approach aimed at attracting Democratic support.

That position has not yet resolved objections from Senate holdouts. Concerns remain focused on oversight requirements and financial consumer protections, leaving Garlinghouse and other supporters pressing lawmakers to reach agreement. The next legislative test is whether negotiators can translate those objections into changes that preserve enough bipartisan support for a floor vote.

Garlinghouse’s July 22 post is available at: https://x.com/bgarlinghouse/status/2080017791470702751

Financial and Technology Firms Join the Push

Support for the CLARITY Act has expanded beyond the core crypto regulatory constituency. Fidelity has pushed directly for Senate action, citing institutional participation trends and the need for regulatory certainty. Goldman Sachs’s chief executive has also expressed support for a defined digital asset framework.

Stand With Crypto is running a coordinated grassroots campaign intended to convert user sentiment into congressional contact. More than 200 organizations have joined the formal call for progress on the legislation, while more than 1,200 technology firms have separately backed a federal crypto framework.

For Ripple, the breadth of the coalition is a central part of its advocacy case. The company and its supporters argue that alignment among Wall Street firms, technology companies, and crypto organizations increases pressure on Senate moderates as negotiations continue.

For XRP specifically, supporters of the legislation say the stakes are concrete. Institutional friction around Ripple’s RLUSD and the broader XRP ecosystem has persisted because statutory classification remains unresolved. Clearer regulatory standards under the CLARITY Act, they argue, would reduce that ambiguity and open access to capital pools that currently treat regulatory gray-area assets as off-limits.