- Ripple CEO confirms White House meeting as crypto leaders push forward with crucial market structure reforms now advancing through Congress
- Stablecoin yield provisions spark fresh tensions between regulators and industry executives amid efforts to finalize digital asset oversight rules
- Senate delays continue as policymakers negotiate authority between SEC and CFTC ahead of expected April legislative deadline
Ripple CEO Brad Garlinghouse confirmed that senior company leadership took part in a new White House meeting centered on crypto legislation. His remarks placed Ripple directly inside ongoing efforts to finalize a digital asset market structure bill that could alter US oversight.
Garlinghouse said in a Fox News interview that Ripple’s chief legal officer, Stuart Alderoty, attended the White House gathering earlier in the day. According to Garlinghouse, officials brought together leaders from the banking and cryptocurrency sectors. The focus remained on unresolved stablecoin yield provisions and broader regulatory responsibilities.
Lawmakers continue to refine the CLARITY Act, which aims to define how digital assets fall under federal supervision. Although the House passed the bill in July, progress in the Senate has slowed. Political tensions and industry objections have complicated its path forward.
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Two government shutdowns disrupted the legislative calendar, including a 43 day shutdown in 2025. At the same time, some Democratic lawmakers voiced concerns about conflicts of interest tied to certain crypto ventures. Advocacy groups also pushed for stronger language covering decentralized finance and tokenized equities.
Stablecoin yield provisions stall Senate progress
Industry resistance intensified over proposed limits on stablecoin rewards. Coinbase CEO Brian Armstrong objected to restrictions that would reduce yield opportunities for holders. He argued that the measure could undermine innovation and tilt authority toward the Securities and Exchange Commission.
Meanwhile, the Senate Agriculture Committee advanced its version of the digital asset bill in January. However, the Senate Banking Committee delayed its scheduled markup indefinitely after industry pushback. The committee has yet to announce a new date for consideration.
Garlinghouse’s confirmation highlights Ripple’s direct engagement with policymakers at a pivotal stage. Moreover, the White House appears intent on narrowing gaps between regulators and crypto firms before the bill advances further.
The White House meeting followed a separate crypto forum at President Donald Trump’s Mar a Lago club. Policymakers and industry representatives gathered there to address regulatory priorities. Ohio Senator Bernie Moreno said he expects the CLARITY Act to clear Congress and reach the president’s desk by April.
Consequently, attention now centers on whether lawmakers can finalize stablecoin yield language that satisfies both regulators and major exchanges. Ripple’s presence at the White House signals that large crypto firms remain deeply involved in shaping the outcome.
Garlinghouse’s remarks indicate that legislative negotiations have entered a decisive phase as Congress works to define the future framework for US digital asset markets.
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