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Here’s what happened at the White House stablecoin meeting 👇👇👇
Stuart Alderoty represented Ripple. Room had the White House, Senate Banking staff, major banks, and crypto firms.
Banks came in with “prohibition principles” on stablecoin rewards. The shift is they’re now discussing narrow exemptions, including transaction-based rewards.
Big topic: “permissible activities” for compliant stablecoin platforms. Crypto wants it broad. Banks want it tight.
White House pushed both sides to reach a deal by March 1. No final agreement yet.
What this signals for Ripple and $XRP:
Payment stablecoins are being treated like regulated payment instruments. Fully-KYC platforms get the clearest path.
If compliant yield/rewards get approved, capital will flow to rails built for compliance.
RLUSD + XRPL fits that lane. More regulated USD liquidity on XRPL can deepen on-ledger liquidity for payments and FX.
Ripple is in the room shaping the rules.
Those who know, know.#ClarityFirst $BTC
Stuart Alderoty represented Ripple. Room had the White House, Senate Banking staff, major banks, and crypto firms.
Banks came in with “prohibition principles” on stablecoin rewards. The shift is they’re now discussing narrow exemptions, including transaction-based rewards.
Big topic: “permissible activities” for compliant stablecoin platforms. Crypto wants it broad. Banks want it tight.
White House pushed both sides to reach a deal by March 1. No final agreement yet.
What this signals for Ripple and $XRP:
Payment stablecoins are being treated like regulated payment instruments. Fully-KYC platforms get the clearest path.
If compliant yield/rewards get approved, capital will flow to rails built for compliance.
RLUSD + XRPL fits that lane. More regulated USD liquidity on XRPL can deepen on-ledger liquidity for payments and FX.
Ripple is in the room shaping the rules.
Those who know, know.#ClarityFirst $BTC
🚨BREAKING: WHITE HOUSE SIGNALS PRESIDENT WOULD SIGN CLARITY ACT INTO LAW 🇺🇸🔥
If the Digital Asset Market Clarity Act reaches the President in its current form, senior advisers would recommend it be signed. 👀
@CFTC Chair @MichaelSelig warns they “can’t allow a Gary Gensler 2.0 to come in and tear it all up.” 😳🚀
GET THE CLARITY ACT DONE ✅
#ClarityFirst $BTC
If the Digital Asset Market Clarity Act reaches the President in its current form, senior advisers would recommend it be signed. 👀
@CFTC Chair @MichaelSelig warns they “can’t allow a Gary Gensler 2.0 to come in and tear it all up.” 😳🚀
GET THE CLARITY ACT DONE ✅
#ClarityFirst $BTC
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