Banks vs. Crypto: White House Ultimatum Sparks XRP Price Surge Predictions

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<a href="https://tech-oracle.com/xrp-usd/">Ripple</a> CEO Brad Garlinghouse: Banks Are Holding Crypto Regulation Hostage – And the White House Is Done Waiting

Key Takeaways

  • Ripple CEO Brad Garlinghouse puts 90% odds on the CLARITY Act passing by end of April 2026
  • The bill passed the House 294-134 in July 2025 but faces a Senate standoff over stablecoin yield rules
  • Traditional banks and crypto firms are in direct conflict, with the White House siding against the banks
  • XRP price targets range from a $2.80 floor to bullish projections of $15–$30 if the bill passes

Brad Garlinghouse explained that the White House recently sent a strong warning to traditional banks, signaling impatience with their delays regarding new legislation. He’s very optimistic about its approval, predicting a 90% chance it will pass before April 2026. However, independent prediction markets are a bit more reserved, currently estimating around a 70-72% probability of passage this year.

What the Bill Actually Does

The CLARITY Act mainly changes which agency oversees different types of assets. It clearly divides responsibility between the SEC for traditional investments and the CFTC for commodities – something the cryptocurrency industry has long requested, as they feel existing regulations have been unclear and enforced inconsistently. The bill also proposes a new way to categorize digital assets, replacing the old ‘Howey Test’ with a ‘maturity test,’ which could significantly change how these tokens are legally defined and regulated in the U.S.

This new law requires businesses to keep customer funds separate, strengthens rules to prevent money laundering, and guarantees people the right to securely manage their own digital assets.

The House of Representatives approved the measure in July 2025 with strong bipartisan support – 294 to 134 – leading many to believe it would easily pass. However, the Senate has presented more challenges.

Where the Logjam Is

The main issue causing disagreement is the interest rate paid on stablecoins. The current version of the bill would let cryptocurrency exchanges offer interest on these stablecoins, which traditional banking groups, like the American Bankers Association, are strongly opposing. They worry that if people can earn good returns on crypto platforms, they might move their money out of traditional savings accounts.

Look, as a crypto investor, I’m seeing a lot of heat on the banks right now, and it’s coming straight from the White House. Trump and his team are basically saying the banks are deliberately blocking the Clarity Act just to keep their record profits rolling in. He’s making it clear he thinks Americans deserve better returns on their money, and he’s painting the banks’ opposition not as responsible regulation, but as pure self-interest. It feels like they’re trying to make it a ‘us vs. them’ situation, and honestly, that could be good for crypto if it shakes up the traditional financial system.

A Fractured Industry

The cryptocurrency industry doesn’t have a unified stance on regulation. Ripple CEO Brad Garlinghouse believes that clear rules, even if imperfect, are better than uncertainty. Ripple is acting on this belief, having invested $3 billion in acquisitions since 2023 to prepare for those expected regulations.

Charles Hoskinson, the creator of Cardano, strongly disagrees with the bill. He’s called it a dangerous “trap” and a poorly constructed piece of legislation, believing it would give the SEC excessive power from the start and could seriously harm the American cryptocurrency industry. Hoskinson isn’t against regulation itself, but he objects to the way this particular bill would distribute power.

Coinbase CEO Brian Armstrong first opposed a proposed bill after changes were made in the Senate, but recently met with White House officials to try and find a compromise regarding rules for stablecoins. He appears to be more open to negotiation than other key figures involved.

The XRP Question

Analysts at Standard Chartered believe XRP will likely stay above $2.80 if the current legal developments are finalized. However, if XRP becomes widely used by banks and payment companies as a core part of their systems, some experts and AI forecasts suggest it could rise much higher, potentially reaching between $15 and $30.

If things will improve hinges on whether the Senate can resolve the disagreements surrounding stablecoins. Time is running out.

This article is for informational purposes only and shouldn’t be considered financial, investment, or trading advice. Coindoo.com doesn’t support or suggest any particular investment or cryptocurrency. Before making any investment choices, be sure to do your own research and talk to a qualified financial advisor.

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2026-03-04 15:55