A major claim about the CLARITY Act’s potential impact is gaining attention in the XRP and broader cryptocurrency community.
Crypto commentator JackTheRippler shared a video on X of Newsmax host Carl Higbie discussing the legislation and its possible effect on institutional participation in digital assets.
Higbie suggested that approval could open the door for trillions of dollars to enter the cryptocurrency market, while JackTheRippler described the potential outcome as “LIFE CHANGING MONEY.”
💥BOOOOOOOOOOOOOOOM!!
Carl Higbie from NEWSMAX says LIVE on TV:
“The Senate is supposed to vote on the Clarity Act NEXT WEEK.
BANKS will transfer TRILLIONS of DOLLARS [$30,000,000,000,000+] into this market OVERNIGHT.
THOUSANDS of PEOPLE will become MILLIONAIRES OVERNIGHT,… pic.twitter.com/m47rRNRLH9
— JackTheRippler ©️ (@RippleXrpie) September 13, 2026
Carl Higbie Discusses Potential Crypto Inflows
In the video shared by JackTheRippler, Carl Higbie said the Senate is expected to vote on the CLARITY Act next week, while acknowledging uncertainty over whether the vote would take place as expected.
Higbie focused on the potential consequences of clearer cryptocurrency regulations for traditional financial institutions. He explained that many people do not directly trade cryptocurrencies but could still be affected if regulations allow institutional investors, pension funds and other financial assets to gain greater exposure to the sector.
“Banks would shift trillions into this market overnight,” Higbie said.
He also suggested that such an inflow could impact cryptocurrency valuations. Higbie went further, saying that thousands of people could become millionaires, including individuals who hold relatively small amounts of cryptocurrency.
JackTheRippler amplified this message in his post, claiming that banks could transfer more than $30 trillion into the cryptocurrency market and that the development could create significant wealth for existing holders.
Claims About The Senate Vote Face Scrutiny
The comments accompanying JackTheRippler’s post challenged the Senate process presentation. Kerry Hornick argued that the expected Senate action is not a final vote on the CLARITY Act itself, but rather a vote concerning whether the legislation can advance toward a final vote.
Hornick criticized what he described as an out-of-context presentation of the legislative process and encouraged readers to research the Senate procedure before concluding the video.
This distinction matters because advancing legislation does not guarantee final passage. The CLARITY Act would still need to move through the necessary legislative stages before becoming law.
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Questions Remain About The Millionaire Claim
Another commenter, Larry13, questioned the mathematical basis behind Higbie’s suggestion that people holding small amounts of cryptocurrency could become millionaires overnight.
Using Bitcoin at $77,000 as an example, Larry13 noted that even a hypothetical 10-fold increase would not turn a modest $10,000 investment into $1 million. A $10,000 position would require a 100-fold increase to reach that figure, assuming no additional investments.
The comments therefore introduce an important distinction between increased institutional capital entering the cryptocurrency market and individual investors achieving millionaire-level returns. While JackTheRippler presented the potential regulatory change as a major opportunity, the extent of any capital inflows and their effect on cryptocurrency prices remain uncertain.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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