🚨BREAKING: 🇪🇺 EUROPE to delist Tether's $185 billion $USDT from exchanges!
Binance, Coinbase, Kraken, and Crypto .com have removed $USDT for EU users after Tether chose not to comply with MiCA rules.
Meanwhile, @Ripple's $RLUSD has secured MiCA approval, making it the leading compliant stablecoin in the EU ahead of the July 1 deadline. ripple:native
🇺🇸New Developments in the CLARITY Act: $150 Million in Enforcement Funding Boosts Long-Term Value of $XRP
Senator @SenLummis just confirmed that, under the CLARITY Act, $150 million will be allocated for digital asset enforcement, specifically targeting fraudsters and bad actors.
This is a very positive sign! The bill not only provides regulatory clarity, but also strengthens consumer protection and market integrity—giving good projects (such as $XRP) more room to grow, while reducing the chaos of "regulation by enforcement."
For $XRP, this means:
A clear framework attracts institutional capital
A safer ecosystem fosters adoption of #XRPL for cross-border payments
Long-term value is better safeguarded
Short-term price volatility is inevitable, but this kind of solid regulatory progress is the cornerstone that truly drives crypto from the fringes into the mainstream. Patience and rationality remain key.
I’m continuing to HODL—what’s your take on this enforcement funding? Is this a positive development, or is there another interpretation? Rational discussion is welcome!
#XRP #CLARITYAct
$XRP utility is continuously expanding.
On this episode of Onchain Economy, @HugoPhilion, Co-Founder and CEO of @FlareNetworks, explains how Flare is expanding what’s possible for $XRP through interoperability.
By bringing XRP into a smart contract environment, Flare enables DeFi use cases including using XRP as collateral, lending and borrowing, and interacting with stablecoins and tokenized assets.
Hugo also shares his perspective on why privacy may be important for broader institutional adoption.
📺 Watch the full episode: https://t.co/7YWwrSdXN7
🔥BREAKING: Wall Street successfully tests 5-second Treasury settlements on the XRP Ledger.
A new cross-border tokenized redemption pilot was just completed by a powerhouse lineup:
🔹 JPMorgan
🔹 Mastercard
🔹 @OndoFinance
🔹 @Ripple
By cutting settlement times down from 3–5 business days to a mere 5 seconds, this test highlights the massive efficiency gains tokenization brings to traditional banking rails.
⚡️WALL STREET SUCCESSFULLY TESTS 5-SECOND XRP SETTLEMENT
JPMorgan, Mastercard, Ondo Finance and Ripple completed a cross-border tokenized Treasury redemption on the XRP Ledger.
Settlement took roughly 5 seconds, versus 3 to 5 business days on traditional banking rails.
💥 HUGE WIN FOR CRYPTO! 🇯🇵🚀
Japan’s parliament just advanced a bill to reclassify crypto as a financial asset, slashing the max tax rate from 55% to a flat 20% and introducing insider trading rules. This positions Japan as a major Web3 hub!
Here is how individual crypto capital gains taxes compare across Asia:
Singapore: 0% 🇸🇬
Hong Kong: 0% 🇭🇰
Indonesia: ~0.21% 🇮🇩
Japan: 20% (Proposed flat rate) 🇯🇵
South Korea: 22% 🇰🇷
India: 30% (+ 1% TDS) 🇮🇳
Philippines: Up to 35% 🇵🇭
Legitimacy brings adoption. The East is leading the way! 🌐📈
TOMORROW: 🇯🇵 Japan’s SBI Shinsei Bank Opens A $115 BILLION Market To XRP By Letting Customers CONVERT Deposit Interest Into Crypto! 😳
Japan’s SBI Shinsei Bank is OFFICIALLY launching a NEW pilot that ALLOWS customers to CONVERT part of their bank deposit interest into $XRP, $BTC, or $ETH instead of taking it all in cash! 💰
CLICK BELOW FOR FULL UPDATE! 👇👇
🚨New York OFFICIALLY Proposed GENIUS Act-Aligned Stablecoin Rules — Ripple’s RLUSD Could Be A BIG Winner 🤯🇺🇸🔥
New York’s Department of Financial Services (@NYDFS) has OFFICIALLY proposed a NEW stablecoin framework aligned with the federal GENIUS Act. 👀
And guess what?
@Ripple has ALREADY received NYDFS approval for $RLUSD. ✅
📅 10-day pre-proposal comment period is now open
📅 60-day formal public comment period follows
📅 Once FINALIZED, the rules are expected to take effect alongside the GENIUS Act, with a 1-year compliance runway for existing NYDFS-regulated issuers.
@Ripple’s $RLUSD could enter the federal stablecoin era ALREADY positioned for compliance. 🚀🔥
As AI agents begin transacting on behalf of businesses, payments need more than speed. They need trust, controls, and clear rules for how value moves.
We're helping build the infrastructure for trusted agent-driven payments, with the XRP Ledger and $RLUSD helping lay the foundation for the future of commerce.
We're pleased to be part of the ecosystem supporting @Mastercard's Agent Pay for Machines initiative, helping validate new use cases, establish common rules, and accelerate adoption.
→ https://t.co/KHUcHqblXg
CLARITY Act Heads To White House Talks
US administration officials are expected to meet law enforcement groups at the White House on Wednesday to discuss the CLARITY Act, per CoinTelegraph.
The talks reportedly focus on concerns that certain provisions could affect efforts to combat illicit finance.
The meeting comes as the bill gains momentum in Congress.