Senator Thom Tillis is urging the U.S. Senate Banking Committee to delay the CLARITY Act until May 2026, amid ongoing disputes over stablecoin yield rules. XRP reaching $2.60 by April 30 sits at 0% YES, while Bitcoin price markets remain unaffected in the near term.
## Market reaction
Traders are bearish on XRP, with XRP reaching $2.60 in April showing no chance of hitting the target. The ongoing debate over stablecoin yields, where banks oppose crypto firms paying interest, continues to create friction that weighs on market confidence.
Bitcoin’s price markets are steady. The Bitcoin price on April 14 and other key dates such as April 15 and April 19 remain at 100% YES. Bitcoin is largely insulated from stablecoin-specific regulatory questions.
## Why it matters
Trading volume in these markets remains low, with no significant face value for the day. Traders appear sidelined or waiting for clearer regulatory developments. Given the thin liquidity, any large trades could shift prices significantly, but for now the market is quiet.
The delay means more uncertainty for XRP specifically. With a YES share at effectively 0¢, there’s no current payout for betting on XRP hitting $2.60. For that to change, traders would need to believe the CLARITY Act will resolve favorably soon, which looks unlikely given the current political dynamics around stablecoin yield rules.
## What to watch
Watch the Senate Banking Committee’s next moves and any announcements from figures like Coinbase CEO Brian Armstrong. Either could shift market sentiment on the CLARITY Act timeline.
## API CTA
