#Cardano founder says the next phase of crypto growth depends on Washington’s regulatory clarity and the entry of tech giants into the industry.

In a recent interview, Charles Hoskinson said the CLARITY Act could open the door to a massive market expansion, led by stablecoins, real-world assets, and major tech firms.

Regulatory Clarity Could Drive Market Expansion

Hoskinson pointed to the Digital Asset Market Clarity Act of 2025, commonly known as the CLARITY Act, as a potential turning point for the industry. The bill, which passed in the House of Representatives on July 17, aims to establish a clear regulatory structure for digital assets, including classification, trading, and oversight responsibilities. The proposed law would define which agency, either the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC), regulates different types of assets. It would also introduce compliance standards for trading platforms and offer legal certainty for developers and investors.

Hoskinson Expects Entry of Big Tech and RWAs

Hoskinson said the passing of the bill could prompt entry from the so-called MAG7 companies, which include Microsoft, Apple, Google’s parent Alphabet, Amazon, Meta, Nvidia, and Tesla. These firms, he believes, may begin exploring or investing in blockchain and crypto assets once legal boundaries are clearly defined. He also emphasized the growing role of real-world assets (RWAs), which are blockchain representations of tangible or financial assets like real estate or bonds. 

Predicting the growth in the industry, Hoskinson noted that when the CLARITY Act passes, the stablecoin market will surge above $1–2 trillion. Hoskinson is also very bullish on the global crypto market cap, expecting an uptick above $10 trillion. 

For context, the global crypto market cap stands at $3.803 trillion, after a massive 8.1% decline in the past day. Bitcoin dominance stands at 61.2% with a market cap of $2.80 trillion. A surge of the global crypto market cap to $10 trillion will push Bitcoin’s market cap to $6.12 trillion