CLARITY ACT "AT THE 1-YARD LINE" - XRP EXPLOSION NEXT!? JAKE CLAVER: TRILLIONS READY TO UNLOCK!

[00:00:00]Massive update for American crypto investors. President Trump is said to have made historic deals in order to get the Clarity Act across the finish line.

[00:00:07]And during today's episode, we're going to be breaking down exactly what happened in Washington DC over the past 24 hours to have the Clarity Act do odds go from only 32% to north of 53% at the time of this recording. Now, we're also going to be breaking down how major concessions were given to the Democrats from the Republicans in order to get the Clarity Act across the finish line as an ethics agreement is about to be set in stone. We're also going to be showing you guys the 99% odds of a Clarity Act vote taking place in the next 14 days.

[00:00:35]With the final headline of August 7th approaching quicker than ever, we're going to show you the Clarity Act do odds and how this could have a radical impact on assets just like XRP. Hello and welcome back to another episode of Good Evening Crypto, your favorite crypto news related channel. If you enjoy this content, smash that like button and subscribe as you're going to get an update every single day, 5:30 p.m. Eastern time. And we're going to waste no time diving straight into the content we have prepared for today. But I would encourage all of our listeners to stick around until the end of the episode so you can have a full and fundamental understanding of where the Clarity Act sits right now and just how likely it is that President Trump signs this before the end of the summer. But I do want to start off on a congratulatory note because even the contrarians that have said the Clarity Act isn't going to get across the finish line, they are looking at this situation differently.

[00:01:20]We are seeing massive momentum in Washington DC that has even the critics of the Clarity Act more optimistic than ever that this will be signed. And we're going to rapidfire through these updates for you guys and then dive into the deals that we believe have been made behind the scenes. But this is the breaking news out of Eleanor Terra from earlier this morning. She stated directly, I'm hearing from multiple sources that the White House has agreed to an ethics package for the Clarity Act and they sent the language to certain Senate Republicans this afternoon. It's unclear what details of the agreement are, but the industry participants are hopeful that this could clear the way for the bill text to be released soon.

[00:01:54]Now, she followed this up with another discussion, stating that bipartisan discussions are taking place on Capitol Hill today relating to the ethics issue.

[00:02:02]Now, negotiators are also discussing the D5 provisions, but ethics remains the primary hurdle to get the Clarity Act signed. Now, when asked about the ethics proposal, a spokesperson for Senator Lumis stated that last week's conversations with the White House went well and that the ethics text is set to be released in the coming days will reflect that productive conversation.

[00:02:20]Now, we're building on this as more breaking news updates came out just about 1 hour ago. Now, this is in regards to the Clarity Act ethics negotiation that was supposedly made over the past 24 hours. Senator also Brooks tells Eleanor Tarret that the White House's idea to have the Department of Justice enforce the Clarity Act provisions is an unserious offer. And this goes back to the initial discussion where Republicans want to leave this up to the federal government and the Department of Justice to enforce the ethics issue where the Democrats, they want to leave it up to state officials. And Senator Olsbrook said that she would not support the bill if that's the only enforcement option. Now again, another Democratic senator here, Bernie Moreno, who's been working with Senator Lumis to secure the ethics agreement with the White House, told reporters last night that the current proposal would put the Department of Justice rather than state attorney generals in charge of enforcement, but will keep working on the floor to reach an agreement that holds all of us accountable. That's what also Brooks said. Now, also Brooks was one of the only Democratic senators who crossed party lines in May to support the Clarity Act making its way through the Senate Banking Committee. and it's said that her continued support for this bill specifically hinges on the ethics provision. Now, this is where Donald Trump comes in and makes his attempt to save the day as President Trump is said to have made some historic concessions in the deal to allow the ethics provisions in the Clarity Act that curtails the president's own crypto activities and the White House is pushing Democrats to accept this. So, it's official, guys. We are in the final stretch here and we're hearing massive updates from several senators by the hour. But it's not just the senators. We got an update from Black Rockck less than two hours ago where a BlackRock representative said that delays in passing the United States Clarity Act is driving business activity, talent, and capital overseas. And then United States Treasury Secretary Scott Bessett said the Clarity Act is at the one-yard line and he urged Congress to get the long- aaited bill passed before the August recess. So, I want to hear from you guys. Ones if you believe the Clarity Act will ultimately get across the finish line. twos in chat if you think it's not going to get done. But I gotta say I am increasingly optimistic, Johnny. And when we listen to the representatives out of the blockchain association or the White House reporting that we're seeing out of Eleanor Tarret, it seems to be 99% odds a Clarity Act vote takes place and 60% odds that it gets through the Senate and is ultimately signed by President Trump.

[00:04:41]But I want to hear from you. What are your thoughts?

[00:04:42]>> First thing I can think of, this is the longest one freaking yard I've ever seen in my life. This one yard is like 10 freaking yards. Okay, just give it to beast mode. Pound this thing over the goal line. Let's get this thing done.

[00:04:54]You know, I'm I'm kind of concerned about one thing ab the fact that the Republicans want the DOJ to be the only option for enforcement, which obviously means, you know, and it's kind of under the jurisdiction of the president. I could see why Democrats don't want that.

[00:05:09]And then the other danger is Democrats want the states, which means any state can bring anything to and I can understand why Republicans don't want that. And so my mind is going, well, is there some happy medium? Like I I don't know. Can you just have maybe a group of states or could you have a jurisdiction maybe instead versus all states? So So in other words, you heard what they said there. Can there be some other pathway, some other enforcement option other than just the DOJ? But you don't want it to be all 50 states either. So I'm not sure what the answer is, ABS. I hope though they're sitting there and working through a solution right now to get there because we need to get this thing over the freaking one yard line. And I am kind of feeling a little optimistic seeing we're back up to 53%. Seems like we're trending in the right direction.

[00:05:52]And I would imagine that right now as you and I are speaking they're also talking and trying to figure out how do they meet in the middle to get this thing done. Well, ultimately, whether you're a Democrat or a Republican, getting crypto regulation is an absolute priority during the calendar year of 2026. Because if it doesn't get done in the next couple of weeks, guys, it is not going to be addressed until the calendar year of 2027. And as I've been reporting over the last week or so, Japan is rolling out their crypto regulation, Russia rolling out their crypto regulation, the UAE rolling out their crypto regulation, and Europe just applied mika laws. Their version of the Clarity Act is now set in stone. So, it is an absolute priority that the Trump administration is able to get this across the finish line. And I wanted to give you guys just a brief update on how quick the timeline is dissipating before our very eyes. That August 7th deadline is going to be absolutely a defining moment for the entire crypto industry here. Let's hear what Paul Baron had to say.

[00:06:44]>> Looks as though this could really get done if they allow it. If you go over and look at the calendar, here we are in July. Today being the 13th right there, Monday. This week is the critical week they're talking about. Then you've got next week and the following that pretty much puts you down to the wire. August 7th is kind of the last day and that is the question mark right now because September the likelihood is they're already out campaigning and of course we know nothing's happening in October.

[00:07:08]They're not in session. November is when midterms occur.

[00:07:11]>> And so we're finally approaching the moment where we're going to get some definitive answers on whether the Clarity Act will get across the finish line. And whether you listen to industry experts or you're just watching content creators on YouTube, it is absolutely clear that a Clarity Act vote is on the horizon here inside the United States.

[00:07:25]The real question we have to ask ourselves is, do we get enough Democrats to come over, cross party lines, and support this bill so that we can talk about President Trump enacting these laws instead of it just making it through the Senate going forward? But I want to hear from you guys. If you believe the Clarity Act will be signed in 2026, smash that like button. If you don't, leave some of your thoughts underneath the video. But Johnny Crypto observing these odds where what are you thinking?

[00:07:48]>> Well, Abs, I'm kind of, you know, the way I think about first of all, you got the vote and then you got the actual chance of it passing. So, in terms of a vote, you know, I I think Well, the thing is usually they don't want to go to a vote if they don't if they know a bill isn't going to pass. However, because we're so close to the election cycle, the Democrats, I mean, the Republicans are going to put this to a vote because if it fails, they're going to want to point to the Democrats, right, and say, "Oh, they they failed it." And the Democrats are going to say, "Oh, no, they failed because they went by ethics." It's gonna be this nasty pointy thing. But so I'm gonna say it's probably a 95% chance this goes to vote goes to vote. That doesn't mean it pass.

[00:08:18]Then in terms of the actual vote, I you know they're at 53%. I'm a little more positive than that. I'm kind of leaning more 65 to 70% that this thing passes.

[00:08:29]But if they can come to a resolution on that on that other issue, then we're 95% chance. I think if we get the ethics issue solved, the D5 thing I think will be less of an issue. And I think 95% chance passing. But if we don't get it done and we're stuck with this kind of half road and the other side is happy, maybe 60 65% chance this thing passes.

[00:08:48]>> Well, it's undeniably an exciting time, guys, because we're going to get some definitive answers on whether the Clarity Act will be enacted into law here inside the United States. But we're going to start having the most fun discussion that we could possibly have when it comes to the Clarity Act narrative. And that is why is the Clarity Act important? We are on the precipice of the crypto markets becoming regulated and institutional adoption and utility hitting this market in a way that we've never seen before. Now, we often reference what happened in 1996 after the telecom act was signed into law. We saw internet stocks do a 50x across the board. That means on average you buy petets.com in 1996, it is a $50 asset by the end of 1999. And many industry experts are anticipating that we're going to see the exact same thing or at least something very similar when it comes to digital assets at large.

[00:09:33]Now, how is this going to take place?

[00:09:35]The tokenization of real world assets in real time is going to onboard trillions of dollars worth of liquidity while also simultaneously increasing the volume across these networks, which will add substantial demand. And you guys know the equation. Same supply, more demand equals a rapid increase in price. And that's what we're going to be breaking down for the next portion of today's episode. If you're having fun, smash that like button and leave some of your thoughts underneath the video. Here's what Jake Claver had to say about the tokenization of stocks happening in 2026 and how XRP was always the chosen asset.

[00:10:06]>> Know you said XRP needs price appreciation before the stock market can be tokenized and settled. Why wouldn't they choose a different token? I read there are others that can. So probably talking about Canton or Ando or Secure.

[00:10:16]You know, there's a couple different blockchains or or companies that have been tapped by these exchanges to tokenize the stocks. Yes. However, those tokens don't facilitate backend settlement. They are for the governance of those networks and they pay fees in order for you to be able to leverage the network, but they don't actually settle between the clearing houses and the brokers. So settlement is different than the tokenization of these assets themselves, but it kind of works in tandem. It's almost like same thing for getting ISO 200022 in place. It's not a direct correlary for instant settlement, but it is a precursor like that has to be in place and it has to be standardized before you can move that direction. So when the president of NASDAQ last year at Swell was interviewed by Monica Long, I was sitting in the audience. I was about 20 ft from her. I got to listen to her talk about the first application where they're going to be using distributed ledger technology is going to be on the back end of the stock market between the clearing houses and the brokers through the DTCC. Many people have misconstrued the DTCC investing in Canton with them like absolutely using Canton. And they may use Canton for tokenization of stocks, but the settlement component is going to be through project ION. Project ION was finalized between the DTCC and R3 back in 2022, August of that year.

[00:11:18]It's the longest standing piece of anything that the DTCC has built or trial for settlement back into the stock market. The primary settlement mechanism for R3 is, you guessed it, XRP. So, if there is enough liquidity in XRP and regulatory clarity, that's what they're going to use. People have said that they're going to use XDC. They could, maybe it's Salana, right? R3's also partnered with Salana at this point. Do you think that they're going to use a network that's ever gone down in the past? They don't have a tolerance for that, especially if this is going to run 24/7, 365. They need something that's been trialled for, I don't know, 13 or 14 years that's never been down, not one time. I can only think of one network that fits that bill. So, why would they use something else? they wouldn't. This is the only option that's viable under the current circumstances and for the constraints that are required in order to be able to operate that at scale. So the only solution is they have to drive enough liquidity into that token to then sit in that position as an intermediate on the back end between the clearing houses and the brokers to be able to settle those transactions real time. And they're going to use project ion and its primary settlement mechanism is going to be XRP. And again, that's my thesis on it.

[00:12:13]>> So Jake does a phenomenal job explaining this from step one all the way to the end of the road here. Johnny Crypto. And this is another reason why I'm so optimistic on digital asset regulation getting across the finish line. There are deca trillions of dollars sitting on the sidelines ready to enter the digital asset space. And it's not to pump assets like XRP. It is to revolutionize the financial industry in real time. And so this is why assets like XRP are going to have this rapid repricing moment because these regular institutions are going to start leveraging this technology. And up until this point, there is zero institutional adoption that's affected the price of XRP thus far. JP Morgan just beginning to tokenize US treasuries, RLUSD stablecoin just beginning to go live. When all of these products are ubiquitous across banking apps all throughout the country, that's when we can start talking about utility and the rericing moment that we've all been waiting for. But Johnny, what's your reaction to what Jake had to say?

[00:13:01]>> Well, the reaction here is that people don't understand how these things work.

[00:13:04]And so I think when they hear like, oh, DTC picked Canton, it's wait a minute.

[00:13:08]What did they pick Canton for? You have to understand that there's different pieces in the kind of like the highway when you're driving a highway. Well, you got the highway, but then you also got the toll boost. you got to go through.

[00:13:16]You got the on-ramps, you got the off-ramps, you got to have all these and each one does a different thing. And I think where Jake did a great job explaining there abs is that while the canton network may be there for governance of the system, the reality is who cares about that? What we really care about is who's doing the clearing.

[00:13:31]Does anybody know what the clearing means? I don't think anybody understands clearing. You know, clearing is clearing is where where the actual process of the money gets handled from one side to the other side. You know, clearing, right?

[00:13:42]Makes sense. Clear the check clears, right? You got to make sure the money's there. Well, that is what we care about.

[00:13:48]We care about is XRP going to get chosen to I don't care if XRP is not chosen as the governance token for for the DTCC.

[00:13:55]That's not valid, right? What we care about I want them being chosen as the solution for the clearance of all this money as it's being moved back and forth because that is what's going to drive the real volume. That's what's going to drive that daily transaction that you and I talked about. And ultimately that means if you know we got daily transactions of let's say hundreds of billions of dollars. Well, guess what? A $1 XRP isn't going to be able to support that. You're going to need a $10 or $20, maybe even a $50 XRP with plenty of liquidity, right? So that this way that price isn't moving. You don't get a lot of slippage. And that's what that's what Jake is talking about.

[00:14:29]That's why I think it makes logical sense that when you think about what's going to be the optimal choice for these clearing houses, it almost feels like XRP is in the driver's seat. I can't say a better solution. Well, another reason that I think clarity will get across the finish line, Johnny, is I can't imagine a company like the New York Stock Exchange tokenizing trillions of dollars worth of assets in a fully unregulated market. And we're witnessing President Trump do everything he can, not only to swing Senate Republicans to vote for this bill, but to even give concessions to the Democrats in the process. So, we are getting every single positive indicator right now that not only does President Trump want to get this across the finish line, but this could ultimately be the catalyst that leads to the tokenization of everything and the institutional repricing of XRP that thousands of our listeners have been waiting for. If you ENJOYED THIS CONTENT, SMASH that like button, subscribe to the channel, and we'll see you all in the next one. So, if you're looking to implement the same strategies that we do here on Good Evening Crypto, I would encourage all of our listeners to click on the IT Trust Capital link below and sign up to take advantage of tax-free crypto gains. Now, that's not the best part. By leveraging the ITR link below, you're going to get a $100 free signup bonus to start funding your iTrust Capital account. This is going to give our listeners access to crypto assets in a Roth IRA product, allowing them to compound those gains tax-free until they're 59 years old and held these funds for 5 years. So, a really unique advantage.