1/ This one stings. Our team gave everything we had to get the Clarity Act across the finish line. So did most of the industry. This was an opportunity bigger than Ripple or one company - we did this for the industry, for consumers and to cement the US’s position as the crypto capital of the world and as a leader in the future of finance. Ultimately, consumers and U.S. competitiveness got left behind.
2/ A post mortem needs to be done on why this failed (more from me on that in the days ahead). The politics of the democrats (the anti-crypto army) was elevated over good policy.
3/ There is still reason for optimism for crypto in the United States. Now, the SEC, under Chair Atkins, and the CFTC, under Chair Selig, will continue to work hard to issue rules to fill the legislative gap and we will continue to be actively engaged in that rule making process.
4/ Ripple's business has never been stronger — real demand across traditional finance and the digital asset ecosystem. A missed vote in Washington doesn't change our momentum, our global footprint, or our customers.
Today, the Clarity Act failed to advance in the Senate, a tremendous missed opportunity for American consumers, the digital asset industry, and U.S. competitiveness.
What it doesn't change: Ripple and $XRP stand on settled ground.
The Clarity Act may have fallen short, but the need for clear rules has not gone away. And neither has Ripple's commitment to helping build them. https://t.co/p4jb3YeJts
LATEST: ⚡️ The SEC declared Evernorth's Form S-4 effective, clearing the way for shareholders of Armada II to vote Sept. 30 on a SPAC merger that would list the XRP treasury firm on Nasdaq.
Faster, cheaper cross-border payments for humanitarian aid and 80% of Ripplers donating and volunteering. Seems pretty net-positive to us. 👀
Check out the 2025 Ripple Impact Report →https://t.co/r6KrbIxwML
RLUSD crossed $2B in market cap last week, with close to $1B issued on the XRP Ledger. 📶
Live since December 2024, built for real-world utility and designed for enterprise use cases.
$RLUSD is just getting started: https://t.co/n9h8QHjkAj
Thank you for all the feedback so far. We’ve been making daily updates throughout the #MW4 Beta.
Before Open Beta begins, we’ll be sharing more on upcoming changes to spawns, TTK, and movement.
Weekend 2 raises the level cap to 30 with new rewards, new content, and Zodiac, our new Resurgence map.
See you back in the lobby August 28.