Ripple CEO Brad Garlinghouse warned on Tuesday at Consensus Miami that the next two weeks are pivotal for passing broader U.S. cryptocurrency legislation, as the Senate Banking Committee prepares for a critical hearing. If the Senate Banking Committee does not hold a markup during this window, Garli

The U.S. Senate's Digital Asset Market Clarity Act will reach a watershed in the next two weeks. Ripple CEO Garlinghouse remains optimistic about its passage but emphasizes that it is not yet certain. The controversy shifts to a compromise plan for stablecoin yields, with the banking sector still concerned. The key is when the Senate Banking Committee will hold a markup hearing on the bill. Incorporating SEC regulation into law is seen as the core to achieving long-term stability; once passed, institutional funding and product diversification will accelerate. If delayed, regulatory uncertainty will increase. The stablecoin market could reach $3 trillion by 2031.