Ripple CEO says crypto bill will pass despite Coinbase opposition

Ripple CEO Brad Garlinghouse has stated that a proposed crypto market structure bill will eventually pass, even after Coinbase announced it could not support a Senate compromise on the legislation. The compromise for the CLARITY Act notably includes a ban on paying interest on stablecoin balances. According to UToday, Garlinghouse commented that Ripple is not a leading force in this particular legislative fight. He explained his belief that the bill will ultimately be approved despite Coinbase's rejection, suggesting that people are frustrated and tired and want to see any kind of progress.