XRP Holds Range as U.S. CLARITY Act Hearing Looms Over Classification

U.S. congressional hearing on the CLARITY Act scheduled for 17 July will determine whether tokens like XRP are classified as commodities or securities, with market participants holding positions pending regulatory outcome. Parallel developments in stablecoin regulation and potential DTCC integration signal broader institutional convergence toward crypto-linked settlement infrastructure. If you're building payment infrastructure or cross-border settlement, 17 July is your regulatory deadline: the CLARITY Act hearing will lock in whether tokens like XRP are payment rails (allowed) or securities (forbidden). That single classification determines whether your rails can plug into banks' core systems or stay orphaned in crypto-native channels.