Overview
- The Digital Asset Market Clarity Act remains a proposal, yet it is shaping expectations for U.S. crypto asset classification.
- The draft uses a measurable decentralization test that withholds “mature network” status when a single entity or coordinated group controls 20% or more of supply.
- Ripple currently controls about 40% of XRP via escrow, releasing 1 billion tokens monthly and historically re-escrowing roughly 70% of those releases.
- If passed as described, the bill would not mandate sales or transfers of Ripple’s holdings, allowing time for tactical approaches to reduce concentration.
- During the regulatory wait, some XRP holders are using structured-yield options like SolStaking to seek predictable returns without relying on price moves.