Before the U.S. Senate reached a critical stage in deliberations on Clarity Act, Brad Garlinghouse of Ripple CEO publicly called on senators not to abandon efforts to pass the bill due to remaining disagreements. Expectations surrounding this crypto legislation have fluctuated significantly over the past few days.

Appeal again before the procedural vote

Garrinhaus stated in a post on Tuesday that the text of this bill already contains substantial concessions reached after months of negotiations and should not be shelved at this final stage. He noted that the current version is not a unilateral proposal, but rather the result of policymakers repeatedly exchanging terms.

He reiterated his previous stance that the pursuit of a "more perfect" version should not hinder the progress of the existing bill. U.S. Treasury Secretary Scott Bessent is also urging lawmakers to move the bill forward to the next stage of proceedings.

Weekend revisions once boosted expectations

On the weekend before the vote, the Republican side released a significantly revised version. Reports indicate that the new text incorporated more than 100 substantial amendments proposed by the Democratic side and made clear adjustments on one of the most difficult disagreements to resolve.

This progress once led to an optimistic outlook for the prospects of the bill from the outside world. Polymarket data shows that the market's assessment of the likelihood of Clarity Act becoming law in 2026 rose from just over 20% on September 14 to approximately 35%.

Democratic concerns remain unresolved

However, this optimistic sentiment quickly cooled down. As several Democrats stated that they were still dissatisfied with the final compromise version, the probability of such predictions subsequently dropped back to a range below 20%.

The Senate is expected to hold a cloture vote on Tuesday regarding the motion to "initiate the deliberation process." If it does not pass on that day, it does not mean that the Clarity Act is officially over, but further delays will significantly increase the difficulty of completing legislation in 2026.