Big news heading into @RippleSwell: the @USOCC has granted final approval for Ripple National Trust Bank. This gives Ripple a federally supervised platform to support $RLUSD and provide digital asset custody to enterprises. We’ve always said crypto and banks work better together — this is what that looks like. Real innovation, real accountability, federal oversight. The revolution isn't happening outside the system. It's happening from within it.

🚨 Today NCA submitted comments to @SECGov on its proposed Regulation Crypto Assets, which would create new ways for crypto projects to raise money. Half of new-offering participants reported losing money in the past 12 months to hacks, abandoned projects, or fraud. Much of this activity happens through unfiled sales and offshore structures. The status quo is not sustainable, and holders are asking for a fix: about 8 in 10 say clear SEC rules would increase their confidence. Read the full letter:

📣 Today NCA submitted comments to @USTreasury on its proposed GENIUS Act rules for payment stablecoins. Stablecoins are becoming part of everyday life for consumers and businesses. Our comments focus on protecting holders as the new rules take effect: giving them time to redeem, sell, or convert their stablecoins if their legal status changes, making sure stolen funds could be returned to victims, and keeping self-custody and peer-to-peer transfers protected. Read the full letter 👇

📣 NEW Crypto Data: Our 2026 Crypto Readiness Report with @HarrisPoll is live. 6 in 10 Americans who don't own crypto, about 114 million people, say they're open to it. So what’s been holding them back? Read the full report:

Washington still sees crypto as a political story. We see it as a human one. We asked Senate offices to meet with a U.S. crypto holder before last week’s Clarity vote. Not a lobbyist. A real person who uses crypto and can explain how the tool impacts their life. Not one office took us up on the invitation. The invitation is still open to meet with an everyday American using crypto to make their lives better. 🔸 A rancher in Wyoming using blockchain to transparently track his cattle from birth to grocery store shelf. 🔸 A master plumber in Texas who added crypto to his small business balance sheet and used it as collateral to reinvest in his employees. 🔸 A photographer in Virginia who found a new way to diversify her savings as AI disrupted her job. These are how real Americans are using crypto right now. Learn more:

1/ This one stings. Our team gave everything we had to get the Clarity Act across the finish line. So did most of the industry. This was an opportunity bigger than Ripple or one company - we did this for the industry, for consumers and to cement the US’s position as the crypto capital of the world and as a leader in the future of finance. Ultimately, consumers and U.S. competitiveness got left behind. 2/ A post mortem needs to be done on why this failed (more from me on that in the days ahead). The politics of the democrats (the anti-crypto army) was elevated over good policy. 3/ There is still reason for optimism for crypto in the United States. Now, the SEC, under Chair Atkins, and the CFTC, under Chair Selig, will continue to work hard to issue rules to fill the legislative gap and we will continue to be actively engaged in that rule making process. 4/ Ripple's business has never been stronger — real demand across traditional finance and the digital asset ecosystem. A missed vote in Washington doesn't change our momentum, our global footprint, or our customers.

1 in 4 Americans own crypto. Ahead of the September 15 vote, we think lawmakers who are voting against the bill should meet at least one. NCA President @s_alderoty has a message in today's @WSJ. We have reached out to Senate offices and extended an open invitation: meet with a real American crypto holder before the Clarity Act vote. Real people. Real stories. That is what we are bringing to the conversation.

67 million Americans. 67 million different stories. Business owners, parents, artists, construction workers and more across the country, using digital assets for different reasons and in different ways. As Congress considers the Clarity Act, they should hear from the real people using crypto - and what this vote means for them. Learn more:

As we celebrate Labor Day and honor the contributions of American workers, let’s take a moment to recognize the 232,000 jobs crypto is fueling across the country, including in construction and manufacturing. The backbone of the American economy is also the backbone of the crypto economy. That's why we're inviting unions and labor organizations representing millions of Americans to hear from the 1 in 5 U.S. crypto holders who work in construction and manufacturing - so we can unite around the jobs and economic growth crypto creates, and the consumer protections they all deserve. We've personally reached out to over 30 organizations but our invite is open to all, and we look forward to working with community leaders to ensure everyone benefits from innovation. 🇺🇸

232,000 American jobs are supported by the crypto industry today. 💼 🔸 34,000 are at crypto companies. 🔸 Another 75,000 are at the suppliers and contractors those companies rely on. 🔸 The remaining 123,000 are sustained by the everyday spending of everyone in that chain: at grocery stores, clinics, restaurants, and beyond. That is what an industry looks like when it adds $55 billion to the U.S. economy and $31 billion in worker income economy. Learn more:

67 million Americans own crypto today. More of them work in construction than finance. Crypto-adjacent jobs generate $55 billion in economic activity. — @s_alderoty, @Ripple CLO & @NatCryptoAssoc President, from SALT