Ripple CEO Brad Garlinghouse is scheduled to testify before the U.S. Senate Banking Committee on Wednesday during a full committee hearing titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets.” Garlinghouse confirmed his participation via X on Monday, stating that he is honored to join the discussion on advancing comprehensive crypto legislation.
Industry Leaders to Join Key Senate Hearing
Garlinghouse will be joined by prominent industry figures, including Summer Mersinger of the Blockchain Association, Chainalysis CEO Jonathan Levin, and Dan Robinson of Paradigm. The hearing will be chaired by Senate Banking Committee Republican Chairman Tim Scott, with participation from Senators Cynthia Lummis and Ruben Gallego, co-leaders of the Senate’s Digital Assets Subcommittee.
Focus on GENIUS and CLARITY Acts
The session will review legislative proposals aimed at shaping the future of the U.S. digital asset ecosystem—most notably the GENIUS Act (focused on stablecoins) and the CLARITY Act (targeting digital asset market structure). Both bills have cleared major legislative milestones and are viewed as essential components of a broader push to modernize crypto regulation.
Garlinghouse Emphasizes Regulatory Balance
Garlinghouse stressed that well-structured regulatory frameworks are essential for fostering innovation and financial opportunity in the U.S., while also ensuring consumer protection. His testimony is expected to advocate for a balanced approach that avoids stifling technological advancement.
