Thank you to my colleagues, Treasury, the White House, and members of the industry for your tireless efforts and partnership. Now let’s get the Clarity Act to the President’s desk!
Congratulations to Chairman @SenatorTimScott and @BankingGOP for advancing the Clarity Act with bipartisan support.
I look forward to President @realDonaldTrump's signature & working with @ChairmanSelig to implement this legislation.
Yesterday, I celebrated 11 years at Ripple. Back then, I couldn’t have predicted that we’d still be fighting for regulatory clarity.
The fight has been worth it. After a day in DC having great conversations with @SenatorHagerty, @berniemoreno, @SenatorTimScott, @JohnBoozman and @patrickjwitt - and on stage at @Semafor World Economic Summit - I know we are closer than ever.
The CLARITY Act window is open. And now is our moment to act.
Ripple Treasury "formerly GTreasury" is an official member of the SWIFT Certified Partner Program.
What this means:
✅ Ripple Treasury connects directly to the SWIFT network.
✅ Corporate users can manage SWIFT messaging & blockchain-based liquidity XRP/RLUSD in one place.
✅ It’s not "replacing" SWIFT it’s integrating blockchain into the world’s largest financial messaging system for faster, hybrid settlement.
https://t.co/XsmpzZ33RH
🚨NEW: New details are emerging about the latest legislative text outlining a compromise on stablecoin yield and rewards, along with early reactions from crypto industry leaders who reviewed it today.
According to an internal stakeholder email shared with me, the proposal would prohibit platforms from offering yield “directly or indirectly” for holding a stablecoin or in a manner that resembles a bank deposit. The restriction would apply broadly to digital asset service providers (exchanges, brokers, etc.) and their affiliates to limit workarounds, and would bar anything “economically or functionally equivalent” to interest.
The proposal would also permit activity-based rewards tied to user activity, including loyalty, promotional, or subscription programs, provided they are not deemed economically or functionally equivalent to interest. It would also direct the @SECGov, @CFTC, and @USTreasury to jointly define permissible rewards and establish anti-evasion rules within one year.
One industry leader who reviewed the text today tells me the draft is a “departure” from what had been previously discussed with the White House, warning the “economic equivalence” standard is vague and could be interpreted more restrictively by future regulators. They also point to limits on tying rewards to balances or transaction amounts, which could make incentives difficult to structure.
“Overall, this is a more narrow and restrictive approach toward crypto,” they said.
Another says the text is “largely in line with expectations” and reflects a balanced outcome, preserving transaction-based incentives while making clear stablecoins cannot function like interest-bearing deposit accounts.
“This is the best possible result,” they said, noting that the text is broader than the initial Tillis-Alsobrooks proposal, which would have been more restrictive on crypto.
Up next: Bank reps are set to review the text tomorrow.
The "Golden Age" of Crypto Rules.
SEC Chairman Paul Atkins and CFTC Chairman Michael Selig have officially unveiled a unified regulatory framework.
• Clarity at Last: Most digital assets including #XRP, #Bitcoin, and #Ethereum are officially classified as commodities, not securities.
• No More Limbo: The new "Token Taxonomy" ends a decade of uncertainty, paving the way for US innovation to flourish.
$ADA has been classified as a digital commodity by the SEC and CFTC.
A meaningful development for the Cardano ecosystem and for the broader digital asset industry.
After more than a decade of uncertainty, this interpretation will provide market participants with a clear understanding of how the SEC treats crypto assets under federal securities laws.
This is what regulatory agencies are supposed to do: draw clear lines in clear terms.
Hey guys! ☺️ Some have been asking for my projections for the next cycles on #XRP . Thought I would share it with all of you.
Keep in mind that I measured for price only, NOT time. I used only the textbook/conservative targets and as the cycles develop, each of these targets will be adjusted with the actuals. (I deleted a lot of my work so that you're able to read the prices.)
This is how many MACRO cycles it could take before #XRP breaks $100. Many waves, many corrections, many years. #Ripple
Cycle 1 top: $3.65 ✅
Cycle 2 top: ~$8.68
Cycle 3 top: ~$22.50
Cycle 4 top: ~$59
Cycle 5 top: ~$153
🇺🇸 BREAKING: U.S. DEPT OF TREASURY BLUEPRINT CONFIRMS PROGRAMMABLE FINANCIAL SYSTEM
34 new pages. Mandated by GENIUS Act:
AI. Digital ID. Blockchain analytics. APIs. DeFi.
• @Ripple $XRP: AI for real-time liquidity
• @Solana $SOL: 10x RWA growth in one year
• Bank of Japan: blockchain settlements live
• Banks suing regulators over crypto licenses
• Emtech's @CarmelleCadet predicts the future.
U.S. Dept. of Treasury knows what is coming.
99% of the world has no clue.....
This is another terrific step in the right direction from our team in the Division of Trading and Markets to remove barriers and unlock access to on-chain markets.