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Will XRP enter the financial mainstream faster? Key lies in U.S. Clarity Act

A U.S. “Clarity” bill under discussion in Congress could be a key factor in expanding institutional adoption of XRP, an analysis said. Developer Vincent Van Code said XRP’s legal status is clearer after a 2023 court ruling in the SEC-Ripple case, but uncertainty remains because it is not federal law. He said many institutions want clear legal guidelines before committing capital. Senate talks are accelerating ahead of the August recess.

Crypto

Digital Ascension CEO says XRP\'s growth engine is liquidity, raises stablecoin alternative case

A claim has resurfaced in the Ripple community that XRP\'s long-term value does not depend only on dominating cross-border payments. Digital Ascension Group chairman Jake Claver said XRP\'s biggest opportunity lies beyond remittances. A community member known as Eri pointed to Ripple\'s ODL using stablecoins as bridge assets via the XRPL DEX. Claver and Eri said liquidity could make XRP more efficient than stablecoins and broaden use cases.

Crypto

Ripple document touted as linking 500 banks is closer to technical guide, analysis says

A list of bank identifiers linked to Ripple has spread in the XRP community as purported evidence of broad adoption by the financial sector, but analysis suggests it is closer to technical documentation for setting up international money transfer routes. The material is described as part of developer documents for Ripple Payments and does not, by itself, show commercial contracts, active usage, transaction volumes or whether institutions use XRP or RLUSD as liquidity assets.