@jakeclaverqfop: The 20% cap under the Clarity Act would give Ripple 12 months to redistribute escrow holdings. Ripple holds approximately 46% of total supply in escrow, not the full 100%. Distribution paths include the US government, IMF, or execution of pre-negotiated institutional contracts that may have been structured years in advance for exactly this scenario. Over 1,700 NDAs with financial institutions suggest the counterparty framework for that distribution already exists. Whether the Clarity Act passes this year remains an open question based on current legislative progress. Follow for more.