Brad Garlinghouse is not letting the demise of the CLARITY Act dampen his outlook for the future of XRP. While speaking at an event celebrating Evernorth’s recent listing on the Nasdaq, the Ripple CEO acknowledged that seeing the proposed legislation fall through was a disappointing blow. He admitted candidly that the situation definitely stung, especially given the personal effort and resources invested into pushing for a legislative resolution to crypto regulation.

Despite the setback in Washington, Garlinghouse insists that Ripple is no longer dependent on Congress to define its legal standing. For years, a cloud of uncertainty hovered over whether XRP should be classified as a security or a commodity, leading many investors to fear that only a formal act of law could provide permanent safety. However, the CEO now maintains that the company has achieved sufficient clarity regardless of what happens in the halls of government.

This shift in perspective suggests that Ripple believes its ongoing judicial battles and previous court wins have provided enough precedent to operate confidently. By distancing itself from the need for federal legislation, Ripple is signaling to the market that it can navigate the current regulatory environment using existing laws rather than waiting for politicians to create new ones. This stance aims to reassure holders that XRP remains secure even without a dedicated congressional stamp of approval.