Expert States What CLARITY Act Could Do for XRP, XLM, and HBAR

The CLARITY Act did not become law by July 4. After clearing the Senate Banking Committee on May 14, the bill was not scheduled for a Senate floor vote before the deadline, as negotiations over securing sufficient bipartisan support, particularly from Democrats, remained unresolved. As a result, the White House’s July 4 target for enactment was missed.

Despite that, X Finance Bull (@Xfinancebull), a crypto pundit on X, has remained confident. He believes the bill could do for XRP, XLM, and HBAR what the GENIUS Act did for stablecoins.

The GENIUS Act Comparison

X Finance Bull attached a video featuring remarks from Senator Bill Hagerty of Tennessee. X Finance Bull’s argument rests on a real precedent. The GENIUS Act became law in July 2025.

It gave stablecoins clear federal rules for the first time. He noted that the stablecoin market grew from around $205 billion to over $311 billion after that. Daily volumes reportedly jumped from $1 trillion to $4 trillion.

Regulatory clarity didn’t just help stablecoins; it unlocked growth that wasn’t there before. Now the same logic gets applied to the CLARITY Act and utility tokens like XRP.

What CLARITY Would Change for XRP

The CLARITY Act would classify XRP, XLM, and HBAR as digital commodities under the CFTC. That takes them out of SEC securities jurisdiction. XRP already has regulatory clarity, but this would be a permanent, statutory distinction, not a case-by-case ruling. X Finance Bull stated that trillions of institutional capital sit on the sidelines waiting for exactly this kind of certainty.

Hagerty, who authored the GENIUS Act, made his own case for urgency in the clip. He said clarity legislation brings “the entire digital asset framework into full-blown opportunity” in the U.S. He pointed to the reserve digital dollar, backed dollar-for-dollar by short-term U.S. Treasury securities, as proof that the GENIUS Act already delivered. He called it critical to protecting America’s innovation edge.

Where the Bill Stands

Hagerty addressed the timeline directly in the same clip. He said the bill would likely become “more a matter of focus” after the July 4 recess. He added that he hopes to see it done before the end of July.

The bill is already on the Senate Legislative Calendar, and market participants are eager for a floor vote sometime after the Senate returns on July 13. The real pressure point is the August recess. Analysts say if the bill doesn’t clear the Senate before lawmakers leave for August, momentum could stall significantly.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

Follow us on X, Facebook, Telegram, and  Google News

The post Expert States What CLARITY Act Could Do for XRP, XLM, and HBAR appeared first on Times Tabloid.