Cardano Creator Says XRP and ADA Will Benefit from CLARITY Act, But…

Crypto commentator JackTheRippler (@RippleXrpie) recently posted a video featuring Charles Hoskinson discussing the CLARITY Act.

Hoskinson’s remarks drew attention because they contrast with bullish perspectives from many prominent industry figures. His comments focus on the legislation’s impact on the crypto industry, particularly how it treats new projects versus established networks.

Hoskinson explained that the bill treats most digital assets as securities by default. He added that XRP and Cardano could be exceptions, likely “grandfathered in” under the legislation. The court has already ruled that XRP is not a security, and Hoskinson’s comments suggest that both networks may avoid the stricter regulatory requirements applied to new tokens entering the market.

🚨IS THIS TRUE?? 👀

Co-founder of Cardano – Charles Hoskinson says that #XRP and #ADA will benefit from the CLARITY ACT, but the rest will be securities by default!

— JackTheRippler ©️ (@RippleXrpie) March 7, 2026

Challenges for the Broader Crypto Industry

Despite these exceptions, Hoskinson emphasized that the bill presents serious challenges for the broader crypto ecosystem. He mentioned that many decentralized finance protocols and stablecoin projects receive no specific protections. He noted, “There’s nothing in this for DeFi. Nothing. Uniswap doesn’t get anything. Prediction markets don’t get anything. Armstrong can’t even get his yield-bearing stablecoins.”

This refers to Coinbase CEO Brian Armstrong withdrawing support for the CLARITY Act. Armstrong pulled support because the bill’s stablecoin-related language would limit certain yield‑bearing stablecoin mechanisms, which Coinbase views as essential for how platforms compete and offer services.

Hoskinson also criticized the bill’s overall approach, saying, “This is not a good bill.” He said the legislation could create regulatory hurdles for future projects, even as it provides clarity for networks like XRP and Cardano.

Some experts believe the CLARITY Act will benefit XRP, and Hoskinson acknowledged that some aspects could help legacy networks. However, his remarks highlight potential risks for innovation and adoption in other sectors of the crypto industry.

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What the CLARITY Act Seeks to Do

The CLARITY Act designs clearer rules for digital assets in the U.S. It clarifies when a cryptocurrency qualifies as a security or a commodity and assigns regulatory authority between the SEC and CFTC. The bill passed the House of Representatives in 2025 and is currently under review in the Senate. Its goal is to create a legal framework that provides clarity for institutional investors, banks, and blockchain projects.

Brad Garlinghouse, CEO of Ripple, has expressed confidence in the legislation’s passage. He estimates a 90% chance that the CLARITY Act will be enacted by April 2026. However, with major industry stakeholders standing against it, it could face hurdles.