banks

The White House is set to convene a third high-level meeting focused on stablecoin yield, bringing together representatives from major banks and leading crypto firms at 9:00 a.m. ET, according to reporting by Eleanor Terrett.

Key Takeaways:
A third White House meeting on stablecoin yield is scheduled for 9:00 a.m. ET.Senior representatives from major banks and crypto firms are expected to attend.Discussions are likely to focus on regulation, risk and market structure.The talks signal intensifying federal engagement with digital-asset policy.
The gathering, expected to include a small but influential group of financial and digital-asset executives, underscores the growing urgency in Washington around the structure, oversight and potential risks of yield-bearing stablecoins.
Focus on Yield and Regulatory Framework
Stablecoins - digital tokens typically pegged to the U.S. dollar - have become a central pillar of the crypto ecosystem. However, yield-generating variants, which offer returns to holders through lending, staking or structured reserve strategies, have drawn increased scrutiny from policymakers.

Officials have expressed concern that yield-bearing stablecoins may blur the line between payment instruments and unregulated investment products. The issue has implications for banking regulation, securities law and systemic risk oversight.
The meeting follows earlier discussions between regulators and industry participants as lawmakers debate how to integrate digital assets into the existing financial framework. Policymakers are weighing whether stablecoin issuers should face bank-like capital requirements, reserve transparency mandates or limitations on yield distribution structures.
Convergence of Banking and Crypto Interests
The expected attendance of both traditional financial institutions and crypto-native firms reflects the increasingly intertwined nature of the two sectors. Major banks are exploring tokenized deposits and blockchain-based settlement systems, while crypto firms are seeking regulatory clarity to expand stablecoin adoption.
Bringing the two sides together may signal efforts to craft a framework that balances innovation with financial stability concerns. It also suggests that stablecoin yield mechanisms are emerging as a focal point in broader digital-asset policy discussions.
Markets are likely to watch closely for signals on whether forthcoming guidance could tighten oversight or pave the way for formal legislation. For now, the meeting highlights Washington’s deepening engagement with digital-asset markets at a time when stablecoins play a critical role in liquidity, trading and cross-border transactions.
#banks #crypto

Bro...Blink and you’ll miss it — XRP isn’t just moving, it’s leveling up. The banks that once brushed off crypto? They’re now jumping on the Ripple train.

Let’s break it down 👇

💥 XRP’s Big Bank Power Moves

Two massive partnerships just dropped — and they’re not small-time deals:

1️⃣ U.S. Banking Giants 🇺🇸 – Whispers (loud ones) say major U.S. banks are tapping Ripple for faster remittances and interbank settlement.

2️⃣ BBVA 🇪🇸 – Spain’s 2nd largest bank isn’t waiting. They’re already on RippleNet for smooth global transactions.

This is the moment we’ve been waiting for: old money shaking hands with new tech.

📈 Why This Is Different

Not just hype — real utility is backing this move.

Cross-border payments? Faster, cheaper, cleaner.

XRP Ledger? Now more than a crypto — it’s becoming financial plumbing.

And when the big players jump in… liquidity follows. 🐋

🔮 The Road Ahead

Short term: XRP could blast through local resistance and test higher ranges.

Mid term: With adoption scaling, this isn’t just another spike — it’s runway.

Long term: Ripple’s rails could become the global standard for institutional crypto payments.

💡 Holder Tips (aka Don’t Get Wrecked)

Don’t FOMO green candles — wait for those juicy pullbacks.

Watch for new partnerships (LATAM + Asia are next battlegrounds).

Keep an eye on XRP/BTC — it leads the alt season vibes.

Join the XRP fam on Reddit, X, Discord — news drops fast, price moves faster.

🌍 Final Word

This isn’t your average pump. XRP is lining itself up with the actual financial system — not just crypto Twitter.

📢 If Ripple keeps stacking banking giants, this isn’t just about moon bags… this could be mortgage-paying, life-changing territory.

XRP isn’t knocking on the door anymore.

It just walked in. 🚀

#XRP #Ripple #Crypto #Banks

Recently, Michelle Bowman, vice chairman of the Federal Reserve for Supervision, made a statement that caused a storm of discussion in the financial community. At the Wyoming Blockchain Symposium on August 19, she warned that if banks do not actively implement blockchain and other innovative technologies, they may lose their relevance amid the rapidly changing realities of the financial market.
Bowman stressed the need to abandon an overly cautious approach to new technologies and said that both banks and regulators must adapt to the new financial landscape. Her words send a clear message: the future of the banking system depends on the ability to be flexible and innovate.
Why is this so important for banks?
According to Bowman, the introduction of blockchain is not just useful, but vital for maintaining the competitiveness of banks. If institutions do not adapt to the new digital world, they risk becoming "secondary players" in the market, while more progressive banks will be able to strengthen their positions and benefit from this transition.
This, in turn, is related to several key aspects. For example, blockchain technologies can significantly simplify and speed up the processes associated with asset transfer. Bowman pointed to tokenization — the transformation of physical assets into digital tokens — as an example of the immediate application of blockchain. The introduction of this technology makes it possible to bypass intermediaries, speed up operations and reduce operational risks associated with the physical movement of securities.
Tokenization opens the way to more efficient and cheaper operations. It also increases access to the market for a wider range of players, including small banks and public organizations, which may not have much capital, but will be able to offer effective solutions thanks to new technologies.
Fighting fraud and improving security
In addition, blockchain can play an important role in preventing financial crimes. Bowman stressed that financial institutions often face risks associated with identity theft and other types of fraud. However, blockchain technology can significantly reduce fraud due to its transparency and immutability of data. And if new technologies can help solve this problem, it is important that the regulatory framework does not become an obstacle to their implementation.
The head of the Federal Reserve believes that cooperation between banks and regulators, as well as active work on creating legislative conditions for blockchain, is an excellent opportunity to improve the security of financial transactions.
Risks and opportunities
But here the question arises: will the banks' transition to new technologies be fast enough to keep up with competitive players? And will they be able to do this before the market is completely dominated by digital technologies? Experts disagree, but one thing is clear: those banks that do not adapt may be among the outsiders.
What do you think: should banks take risks and continue to stick to the old approaches, or is it better to integrate the blockchain immediately in order to keep up with new trends?
#blockchain #BlockchainNews #blockchains #Tokenization #banks