The Clarity Act debate has been great for Ripple USD
Even when politicians lie about XRP, Ripple USD keeps growing from real demand.
“They’re lying to you about XRP,” I said today. Indeed, US Treasury Scott Bessent recently appeared on Fox News to advocate for a pro-banking form of the CLARITY Act in front of news anchor Maria Bartiromo and the American public.
Of course, the CLARITY Act was written by the banks, for the banks. In its current form, it will protect bank deposits from fleeing to stablecoins for higher yields – which is why Coinbase CEO Brian Armstrong and many other crypto proponents are so vocally opposed to it.
Yet whether or not stablecoin firms can ever pass along FDIC insurance or issue native yield without “marketing” workarounds, as I discussed on YouTube, Ripple USD continues to gain ground and prove out the utility of the XRP Ledger.
Quick note before we continue, high-volatility periods like this are where smart traders focus on execution, risk management, and reliable platforms. More on that below.
Market Context
Despite all the feud on Capitol Hill over stablecoin rewards and the CLARITY Act, Ripple USD (RLUSD) continues to strengthen. Over the past 12 months, its market capitalization has increased 1,200% – including $230 million more added since the start of the year.
Not only that, companies around the world are recognizing Ripple USD’s utility whether CLARITY passes, fails, or is modified. Because Ripple took its time in coding and launching RLUSD far later than incumbents like Tether or Circle USD, Ripple deliberately built a compliant, enterprise‑focused stablecoin under a NYDFS trust company charter with full integration into Ripple Payments and the XRP Ledger.
RLUSD is already being used in financial flows with cross‑border payment providers, and is collateral in both crypto and traditional finance markets.
As we get into the headlines, note that the XRP Ledger is also in the news today on a major UK asset manager partnership.
News
Aviva Investors partners with Ripple to tokenize funds on XRP Ledger (Coindesk)
Susquehanna-backed crypto lender BlockFills halts client withdrawals (FT)
No deal at second White House crypto meeting (Cointelegraph)
European Parliament gave its first major backing to the digital euro (Reuters)
BoE launches Synchronisation Lab for token settlement tests (BankofEngland)
Solana treasury co Upexi Q2’26: Revenue $8.1M | Digital asset revenue $5.1M | Net loss $178M (Upexi)
SBF seeks retrial (Bloomberg)
SafeMoon CEO gets 100 month sentence (Justice.gov)
Gemini rolls out staking in NY (X)
Blockchain.com registers UK entity (X)
Ledger integrates OKX DEX (Ledger)
BlackRock lists BUIDL on Uniswap (Coindesk)
Bithumb admits to ‘serious flaws’ (Coindesk)
Your Bonus
As mentioned earlier, volatile markets demand reliable execution. BTCC is offering our readers a 10% deposit bonus on crypto deposits. This is beneficial for active traders seeking extra capital efficiency during periods of volatility. Campaign is limited, secure access while it lasts.
Nothing in this newsletter is financial or investment advice. We summarize news for informational and entertainment purposes only. We do not provide advisory services, guidance, or information regarding trading or investing. Past performance is not indicative of future results.
XRPL usage keeps growing no matter what happens in DC 🦅