CLARITY Act Stalled in Senate Over Stablecoin Rewards, XRP Price at Risk

The CLARITY Act, a bill aimed at providing clarity for banks and asset managers to integrate XRP at scale, has been stuck in the Senate due to disagreements over stablecoin rewards.

According to recent data, if the CLARITY Act passes, it could surge the XRP price by $5 to $10. Analysts project that XRP's market cap would reach around $490 billion with a price of $8 per token, making it a viable option for banks to use for cross-border payments.

However, if the bill does not pass, the XRP price may remain stuck between $1.50 and $2.50, moving with the broader crypto market rather than on anything specific to Ripple. Standard Chartered cut its 2026 XRP target from $8 to $2.80 in February, assuming the bill gets delayed and macro conditions stay rough.

The outcome of the CLARITY Act depends on the compromise language that Senators Alsobrooks and Tillis are drafting. If both sides accept the language, the Senate Banking Committee can schedule its markup and the bill starts moving again. Otherwise, the bill is likely dead for 2026, and XRP's next major move comes down to a handful of senators agreeing on stablecoin rewards.