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Sign InRipple CEO Brad Garlinghouse has projected the passage of the US CLARITY Act by May 2026, as the company pursues a National Trust Bank charter to integrate into the federal banking system. In a recent interview with Fox Business, Garlinghouse revealed that Ripple has processed a staggering $13 trillion in legacy transaction volume to date. He highlighted a strategic pivot toward migrating these massive legacy volumes onto on-chain solutions to modernize global payments. The CEO also addressed evolving regulatory frameworks from the SEC and CFTC, which are expected to shape the future of the digital asset landscape. These efforts precede significant regulatory shifts by the OCC scheduled for April 2026, aimed at driving institutional adoption. Despite these milestones, XRP's price recently declined by nearly 10% after failing to clear the $1.60 resistance level.