🇺🇸 The White House wants crypto's regulatory framework signed into law by July 4th, 2026, on U.S. 250th birthday.
The CLARITY Act has already passed the House and cleared the Senate Banking Committee. The finish line is close.
The finish line is close, but the packed Senate calendar has killed plenty before.
Crypto regulatory clarity could still land in weeks.
Source: @WatcherGuru / Writer: Lucas
“I’m not gonna lie to you, being black right now is completely embarrassing. You n*ggas are some of the most vile, inhumane species that have ever graced the earth.”
Stop what you’re doing and watch this 🔥👇🏼
Americans are waking up!!
The DTCC is beginning to get SERIOUS on tokenization
But this was just a matter of time
Anyone that's been paying attention over the past few years would know tokenization's been confirmed.
And the DLTs that DTCC's selected?
$XLM $SEI $ONDO $LINK $XRP $CC
A small handful, but a proven handful
Let's look into what roles each of these are holding in the institutional tokenization space.
Stellar has spent the past few years proving to be more than just payments infrastructure.
Institutions like WisdomTree, Franklin Templeton, Spiko & many others have taken notice.
But that doesn't mean Stellar's gone away from payments, their utility has just expanded.
Now Stellar is a leading DLT in all things value.
Whether value from financial assets or value from cross border payments.
And the DTCC has caught onto this.
It's no coincidences that they're one of the DTCC's first exclusive partners for tokenization
Ripple Sei & Ondo have all been selected to join the DTCC's Tokenization Working Group.
Each having proven tokenization infrastructure and utility in their own rights.
Ripple has done extensive work with both XRP Ledger along with RLUSD & all other solutions under Ripple's wheelhouse.
As we actually see Ripple Prime being the main medium of Ripple involved here.
Going to further show the vast utility the Ripple ecosystem offers today across the future of finance.
Ondo's work has been obvious.
From initial collaborations with BlackRock for OUSG, leading to many other institutions,
All the way to what we see now with Ondo Global Markets becoming a leading platform.
Sei, while less involved in institutional tokenization than the former names, has shown extensive capabilities themselves.
This not only comes from scalability around the network operations.
But also given the tokenized funds deployed by the BlackRock backed Securitize & KAIO.
Last but certainly not least is Canton Network.
Having been built internally by Digital Asset, which works with a broad consortium that included BNP Paribas, Goldman Sachs, Microsoft, and others...
It's no surprise to see Canton in the spot they are today.
In fact this level of institutional backing is likely what led Canton to be the FIRST chain selected by DTCC.
–––––
When we really zoom out, it's obvious each of these DLTs were selected intentionally.
All have proven utility and scaling for mass real world tokenization capabilities.
And it shouldn't be a surprise that the DTCC has chosen these names.
When we're talking about the clearing house responsible for quadrillions of dollars...
Only the best is gonna make it onto the list
Breaking🚨Scoop
🇺🇸CLARITY ACT
A massive coalition (350+, including @ripple, @standwithcrypto, @coinbase), delivered a letter:
✅Sen Majority Leader John Thune
✅Sen Minority Leader Charles E. Schumer
Urgent action now.
Get it to the Senate floor without delay.
https://t.co/xSQKVZntVf
🚨 LMAO!! President Trump just dropped this absolute GEM: He's filling the newly improved Lincoln Memorial Reflecting Pool with leftist tears
Straight from the source 🤣🤣
📽️ @TheRicanMemes
When our major alt season happened in 2017 it was after BTC peaked, dropped 50% from the highs, found a floor, and then BOUNCED for it's first major relief rally that we finally saw alts go ballistic (total altcoin marketcap tripled off the lows and made new ATH from this point).
As $BTC approaches 60k, some 50% below prior ATH, many are noticing the relative strength in alts at these levels as BTC melts but many alts hold relatively "steady", sending BTC dominance down in the first significant pullback on BTC dom that we have had in nearly 8 months.
I think once $BTC finds a floor here we may finally see a significant correction on BTC dominance as alts outperform to the upside- just as we saw after the last cycle top in 2017.
The only major difference between the current situation and the one in 2017 was in the former all this took place post blow off top and in the latter we are still missing one (leaving the door open for a "temporary" resurgence in BTC dominance if this were to materialize down the road).
In any case, the predominant narrative from a few months ago of an "endlessly rising Bitcoin dominance as alts go to zero" is slowly starting to show some cracks...