Kvmn

[CoinDesk @CoinDesk]

JUST IN: The Digital Asset Market Clarity Act has officially been placed on the U.S. Senate Legislative Calendar.

[evernorthxrp @evernorthxrp]

1/6 For everyone who's wondered when "real banks" will use blockchain: they already are. The next 18 months will be about how much, on which chains, and under which set of rules.

One of Europe's biggest banks has put its euro stablecoin on XRP. Here's why that matters. 🧵👇

This content is for informational purposes only and does not constitute investment advice. Digital assets involve risk, including potential loss of principal. Learn more about Evernorth: https://t.co/f1nPiu69OG

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Pro-crypto Kevin Warsh officially sworn in as Federal Reserve Chair, replacing Jerome Powell.

[The White House @WhiteHouse]

✅ CONFIRMED

Kevin Warsh has been confirmed as the Chairman of the Board of Governors of the Federal Reserve System!

[Eleanor Terrett @EleanorTerrett]

🚨JUST IN: The Clarity Act ADVANCES out of the Senate Banking Committee in a 15-9 bipartisan vote, with two Democrats voting in favor: @SenRubenGallego and @Sen_Alsobrooks.

Next stop: the full Senate.

[Chad Steingraber @ChadSteingraber]

Clarity Act PASSES out of Committee

15 Yes - 9 No

[Eleanor Terrett @EleanorTerrett]

Full bill text can be read here:

https://t.co/p7BZypy4Vp

[Eleanor Terrett @EleanorTerrett]

🚨NEW: @BankingGOP Committee markup of the Clarity Act set for Thursday, May 14 at 10:30 AM EST.

[Eleanor Terrett @EleanorTerrett]

🚨SCOOP: The Senate Banking Committee is preparing to notice a markup for the Clarity Act as soon as tomorrow and has circulated draft legislative text to select industry members ahead of a potential Thursday vote, according to multiple industry sources who have seen the text. The language is reportedly still being finalized, with additional edits expected to reflect priorities from Democratic offices.

One source told me the overall vibes after reviewing the bill and coordinating with other industry leaders are positive so far, though some bracketed sections are raising concerns that key provisions previously thought to be settled may still be in flux.

[Ondo Finance @OndoFinance]

Ondo, Kinexys by @jpmorgan, @Mastercard, & @Ripple successfully completed a landmark pilot transaction connecting the XRP ledger with interbank settlement rails.

This milestone marks the first time tokenized U.S. Treasuries have settled across borders and banks in near real time and outside traditional banking windows.

1. Ondo processed Ripple’s OUSG redemption on XRP Ledger

2. Mastercard's Multi-Token Network routed instructions to Kinexys by J.P. Morgan

3. J.P. Morgan delivered USD to Ripple's Singapore bank account

Tokenized assets are no longer separate from the global financial system. For the first time, a public blockchain and global banking infrastructure settled a cross-border transaction of a tokenized fund together in real time.

Together, we’re laying the groundwork for 24/7 global markets that never close.

[Ripple @Ripple]

This is a meaningful step toward 24/7 global financial markets.

By combining the XRP Ledger with global banking infrastructure, this pilot shows how institutions can execute cross-border transactions in a single integrated flow.

[Mastercard @Mastercard]

Today, Mastercard, @OndoFinance, Kinexys by @JPMorgan, and @Ripple successfully completed a landmark transaction connecting a public blockchain with interbank settlement rails.

Together, we’re laying the groundwork for 24/7 global markets that never close.

[Diana @InvestWithD]

🚨UPDATE: Senators Tillis & Alsobrooks FINALIZE CLARITY Act Stablecoin Yield Deal — Rewards BAN Language Is Now In TEXT 😳🇺🇸🔥

Senators @SenThomTillis and @AlsobrooksForMD have finalized a major compromise on stablecoin yield — one of the BIGGEST fights slowing down the CLARITY Act. 👀

The deal would BAN stablecoin rewards connected to deposit interest. 😳

That means crypto companies may NOT be able to offer rewards that basically act like bank-style interest on deposits. 🚨

👉 rewards are NOT fully banned
👉 balances CAN still be used for rewards
👉 companies must clear the “equivalent” test
👉 the text was finalized after months of bank vs. crypto negotiations

This is a HUGE development because the Senate is now looking toward a CLARITY Act markup in MAY. 👀

CLARITY ACT IS ABOUT TO GET DONE 🚀

[Eleanor Terrett @EleanorTerrett]

🚨NEW: @SenThomTillis (R-NC) says he’s ready to push the Clarity Act forward to a markup.

“I’m going to ask the chair to move forward with scheduling a markup when we get back… I think we’ve made a lot of progress… and it’s time to get it before the committee to move it forward,” Tillis told my inimitable friend and former colleague @ChaseWilliams_ in a reporter gaggle on Capitol Hill this morning following the Warsh vote.

Tillis went on to say most bank concerns on stablecoin yield have been heard and addressed, adding that others are welcome to “come and work in good faith.”

On timing: Tillis hopes to release legislative text on stablecoin yield 4–5 days before a markup after stakeholders get a preview.

On software developers and how law enforcement views the potential impact on enforcement under the 1960 criminal statute, a new flag Tillis raised this week, he pointed to @SenLummis’ approach, saying he’s “generally in support” of where the bill stands.

[CoinMarketCap @CoinMarketCap]

LATEST: 🇺🇸 Senator Tillis says the CLARITY Act is ready for markup, telling the Senate Banking Committee chair to "move forward" after weeks of delays.

[Ripple @Ripple]

$RLUSD is now on @OKX, one of the world's leading exchanges.

Starting today, users can trade across 280+ RLUSD pairs, use $RLUSD as collateral, and access full XRPL deposit and withdrawal support.

We sat down with @jasonklau to discuss what this milestone means for stablecoin adoption, institutional-grade liquidity, and the future of finance.

[OKX @okx]

#NewListing: ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed

@Ripple USD is a dollar-backed stablecoin designed for high-standard compliance, now integrated into our Unified Order Book for deep liquidity across 280+ pairs.

ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed is now available on OKX in the US.

[Treasury Secretary Scott Bessent @SecScottBessent]

Congress has spent the better part of half a decade trying to pass a framework to onshore the future of finance.

It is time for @BankingGOP to hold a markup and send the CLARITY Act to President Trump’s desk.

Senate time is precious, and now is the time to act.

[Kvmn @kvmn__]

@UpholdInc XRP

[Kvmn @kvmn__]

@Audacitycap I'm ready