UPDATE 🚨 The banks are pushing back on the White House stablecoin report. And this is exactly why the CLARITY Act keeps getting stalled. WHAT THIS MEANS FOR $XRP and UTILITY COINS? 👇👇👇 Eleanor Terrett just reported that banking sources say the CEA report "missed the mark." Their argument isn't about total lending numbers. It's about deposit outflows from smaller community banks changing how credit is funded and priced. Even if the money recirculates into the system, they say it doesn't come back in the same form. This is the fight that's been holding up the CLARITY Act for months. Banks want strict yield bans on stablecoins. They've been lobbying the Senate Banking Committee hard. That pressure delayed the markup. Pushed the timeline. Kept the entire industry waiting. But here's the other side. Coinbase Chief Policy Officer Faryar Shirzad responded directly. Called the report a net positive. Said stablecoins aren't a threat to community banks and that rewards are a win for consumers and an opportunity for banks. Two sides. One bill. And a clock that's running out. The Senate returns April 13. The CLARITY Act markup is targeting late April. If it doesn't clear committee by May, multiple analysts say it's dead for 2026. Midterm politics take over the calendar. This is where it gets decided. Not on crypto Twitter. In committee rooms and conference calls between senators, bank lobbyists, and crypto firms. For $XRP, the stakes are direct. The CLARITY Act would make XRP's digital commodity status permanent federal law. It would unlock billions in institutional capital that's currently sidelined. RLUSD's growth on XRPL depends on stablecoin-friendly regulation. Every delay costs momentum. The banks are fighting to slow this down. The White House data says their fears are overblown. Coinbase says it's a win for everyone. The next three weeks decide it.