RIPPLE JOINS BLACKROCK, COINBASE & VISA IN MASSIVE STABLECOIN PUSH!?

The guys talk about the HUGE News for XRP & XLM -- Ripple & Stellar OFFICIALLY Join Open USD On DAY ONE — Visa, Mastercard & BlackRock BACK as New Stablecoin!

Transcript

SPEAKER_00 0:00

Massive update for American crypto investors. The Clarity Act is no longer projected to be signed by President Trump in the calendar year of 2026. And during today's episode, we're going to be breaking down the latest update out of Watcher Guru as they stated the Clarity Act odds have fallen below 39%. We're also going to be highlighting a brand new update out of Ripple and Stellar as they've both joined forces with Visa, MasterCard, BlackRock, and over 140 major partners for a massive opening of the USD stablecoin. Now, this isn't just another stablecoin. OUSD is built for global payments with no fees and revenue sharing, going live directly with Ripple and Stellar Networks. This is set to supercharge both the XRP token and allow for instant bridging on the network. Now for XLM, this will allow for ultra fast transfers, bridging institutional adoption to two of our favorite blockchains. Hello and welcome back to another episode of Good Evening Crypto, your favorite crypto news related channel. If you enjoy this content, smash that like button and subscribe as you're going to get an update every single day, 5 30 p.m. Eastern time. And we're going to waste no time diving straight into the content we have prepared for today, but I would encourage all of our listeners to stick around until the end of the episode, as we're going to be going through an in-depth breakdown of exactly what just happened with Ripple, Stellar, BlackRock, and Visa. But to kick off today's show, I wanted to highlight what the Watcher Guru put out about an hour ago, stating the Crypto Clarity Act is no longer projected to be signed into law in the calendar year of 2026. Now, the biggest thing I took away from this tweet, Johnny, is number one, he's just addressing the polymarket odds. The polymarket odds falling below 39%. Yes, it is a negative sign for the industry. No, this is not some insight that is unforeseen or yet to be released to the capital market. So it's important to keep that in mind. And if you guys have been watching our daily updates, we know there's major progress happening behind the scenes. As in Washington, DC, earlier today, executives were meeting to discuss the Clarity Act provisions that are preventing this thing from getting across the finish line. And the number one topic that was being discussed was the law enforcement issue that creates an opening for nefarious activity to be operating in the blockchain space. With these major issues being resolved behind closed doors in Washington, DC, I'm feeling fairly confident that we are still on track to have this signed by President Trump in the calendar year of 2026. But I want to hear from our listeners, guys, as we're diving into these details, one's in chat if you think it gets done, two's in chat if you think this is a stall tactic and we're not getting the Clarity Act in this calendar year. And so while part of me believes there's an honest debate happening behind the scenes about whether the Clarity Act will get across the finish line or not, if you look at how these banks are operating in the blockchain space, most of these companies have already launched blockchain products. And as we're going to be showing you guys later on in the episode, the largest companies on the planet are just beginning to enter this asset class. But I wanted to share a couple of dates that our listeners should be keeping an eye on. If we do end up getting the Clarity Act signed in the summer of 2026, it is going to have to happen in the month of July. Senator Loomis, Senator Tom Tillis, industry executives have all said the same thing. When the August recess comes around on August 3rd, the Clarity Act will be on ice, and we're not going to be talking about it for several months. So July is really a make or break moment for the industry. And that's why we're doing such a great job of covering this on a daily basis for you guys. But the Clarity Act vote window is scheduled for July 20th at the earliest, as Senator Thune says time is running out to resolve the key issues. Congress is officially in recess until July 13th. And then when they get back, they have to address a defense bill before they even address the Clarity Act. So key Democratic support still depends on reaching an ethics compromise, and negotiations are expected to reach a new exchange after the proposal is shared on July 4th. So this calendar week, the official Clarity Act text will be given to senators behind the scenes. Now the Clarity Act must still compete for the Senate floor time with Thune, saying that the annual defense bill will be the first priority once lawmakers return. That means the earliest possible window to get the Clarity Act vote would be July 20th, 2026, assuming nothing else delays the current Senate schedule. But what's exciting about the crypto industry approaching this final deadline is that we're going to get definitive answers on whether the Clarity Act will be signed by President Trump this summer, or we're going to be talking about this heading into the next calendar year. Now, if that current schedule holds, as we just shared, the Clarity Act could receive a Senate floor consideration in late July. And the first week of August, it could become a key window before Congress leads for recess. So officially, we have to between July 3rd and July 7th for the Clarity Act to be voted on. But the bill still needs 60 senators, making these remaining negotiations extremely important. Now, we also heard from Mike Novengratz earlier this week stating that moderate Democrats are advocating for this bill behind the scenes. And it's just far left Democrats that are against Donald Trump on the ethics issue. I'd love to hear, Johnny, do you think this gets done?

SPEAKER_01 4:33

You know, Abs, we're I feel like we're running a tight timeline, we're running out of time, especially with the fact that the defense act is the priority, as you just saw on that tweet there. And no surprise. I mean, as much as crypto is huge to you and me and to our community, the reality is if you're the president of the United States, crypto isn't your number one priority. The safety of America is your number one priority, right? Defense is always going to come first. There are other pressing issues, economy, jobs, that kind of a thing. Now, the one good thing is the Clarity Act ties into jobs in the economy. And so I think because of that, and President Trump is very, very gung-ho, you know, he takes pride in being able to say, Hey, I brought jobs to America, I'm boom in the economy, and this will be a part of that. So I think because of that, and because of that narrative, and he needs a win, Abs. He needs a couple big wins going into the election, into the midterm elections. And we get the Defense Act done, you can get the Clarity Act done. Boy, those are two big talking points. Because then he could say, Hey, I made America the crypto capital of the world, we just passed the Clearity Act, we're gonna bring jobs to America. And I think for that reason, there's still hope that I it can get done. But I gotta tell you that these two issues, we need to see some resolutions quickly. Anti-monitoring and anti-mon uh money laundering is certainly something that needs to be solved for. There's no I'm not even against that. Uh developers need to have the freedom to develop apps, but they do have to find a way to put them in place where you know that just not anybody, any criminal organization create a coin and not know who it is, where they are, and scam people. So that needs to be resolved. I don't have any problem with that one. The ethics one is the one that I think is gonna be the issue. Um, and I don't know why it shouldn't be. I mean, it really should be where these guys say, hey, right, yeah, we shouldn't be able to manipulate the system, we shouldn't be able to be greedy, we shouldn't be able to do that. And so I hope that they're gonna come to a a conclusion on that. Now, just the problem is remember, President Trump launched a meme coin two years ago. And now the question is, is this gonna be retroactive? Can it do something that affects him? Then that's gonna be a hard time. But if it's one of those things going forward, hey, going forward, this is what needs to be done, then I think we can get that done, and both these issues can get resolved. I don't think they're hard issues to resolve, absolutely. I really don't. It's just is there a will to solve them? And that's what we're gonna find out very, very shortly. To me, it just shouldn't take this long to solve that. I mean, come on, ain't that money laundering? Really? We need to have a conversation about that. No, you figure it out. You you make these developers register so you know who they are, where they're located, and what they're launching, it shouldn't be that hard, Abs. So I do think they can get solved, and I do still have confidence, regardless of the poly market odds, I still think there's a chance those gets done this year.

SPEAKER_00 7:07

And although the polymarket odds are sitting at 39% right now, guys, if you look at what crypto firms are doing behind the scenes, not only are they in active negotiations in Washington, DC, whether it be Brad Garlinghouse, Michael Saylor, Patrick Witt, or any other industry executive, they are donating millions and millions of dollars behind the scenes. Have crypto firms have spent $189 million on the 2026 US midterms, surpassing their 2024 total political spending. And Johnny, you'll remember me spending a lot of time on this over the past week or so, because I've said this is one of the main reasons I also believe the Clarity Act has so much momentum. Crypto companies have been advocating for this bill for the better half of 12 months now, and it's long overdue that this gets across the finish line. We are quickly approaching the final deadline here between August 3rd and August 7th, that will definitively lead to a future for digital assets where it's allowed to survive and thrive, or a future for digital assets where we're debating the ethics issues and we're debating the regulation for potentially the rest of President Trump's term. And so I'd advocate for everybody leave some thoughts underneath the video. Do you believe that Clarity will get across the finish line? Because my belief is with $189 million backing these types of conversations, there is more momentum behind this bill in Washington, DC that's being shown to the public eye. But if you guys can see the same vision that we're sharing for the Clarity Act getting across the finish line, smash that like button. And I'd love to hear your thoughts underneath the video. Do you believe this will finally pass? Well, one thing that we know is regardless of if the Clarity Act does get across the finish line, some of the largest companies in America are beginning to integrate blockchain products as we speak. And we saw a clear example of this earlier this morning with Ripple and Stellar officially joining on OpenUSD for the day one launch. And to many of our listeners, they're like, great, another stablecoin entering the market, but this is a different product than we've ever seen before. Visa, MasterCard, BlackRock, American Express, all of these different companies are working side by side with Ripple and Stellar to develop something that's never existed in the space, a profit-sharing stablecoin system. Now, how is this going to work? OpenUSD is a new dollar peg stablecoin that's been launched by the Open Standard Consortium. Now, this consortium is 140 plus partners, including Visa, MasterCard, BlackRock, Coinbase, Stripe, and so on. Ripple and Stellar were also included in this group. It featured a no mint and redemption fees, as well as revenue sharing reserves and is designed for global payments with multi-chain support. And that's a narrative we should keep in mind. Now, Ripple confirmed as a day one integration partner, while Stellar announced native support for the OUSD token on its network. This is going to allow for seamless issuance as well as transfers within this major institutional ecosystem, which is set for a full launch towards the back end of 2026. And for everybody out there holding the XLM and XRP token, you may be wondering how does this ultimately benefit the networks? Well, number one, we have to read the writing on the wall. And as I was going through these documents, it was clear to me that Circle, the largest stablecoin provider in the United States, wasn't within this consortium. So that leaves Ripple as the main stablecoin provider in this group. And with XLM and XRP, this is going to be expanding the real world utility by enabling faster cross-border payments, as well as leveraging both these tokens, XRP as a bridge and XLM for more efficient settlement. Now, this is also going to increase the network activity, the liquidity, and the volume on the network, bringing institutional credibility and adoption simultaneously to two of our favorite crypto products. And these are the type of developments that get me really excited about the future for digital assets, Johnny, because it just goes to show how ingrained many of these technologies will be with some of the largest companies on the planet. Pretty soon we're all going to open our banking app and a stable coin will be there. Pretty soon we're going to send cross-border payments and it will cost a fraction of a penny. Now, they may not say they're using XRP, but they're going to be leveraging these technologies behind the scenes. And today, this is a clear example of how integrated Ripple and Stellar are with the largest companies on planet Earth: BlackRock, Goldman Sachs, Franklin Templeton, Fidelity. These names are very closely associated to Ripple and Stellar. And for me, it actually goes to show why a company like Fidelity just last week would put out some of these higher price projections of eight to $26 for the XRP token if they know that global consortiums like this are being developed in the background. But I want to hear from you, Johnny. What are your thoughts on this one?

SPEAKER_01 11:13

Well, Abs, I don't think there's anything wrong with revenue sharing. I actually think it's a good thing. When all parties have a chance to win, that's usually when you get a successful product. And the fact that Ripple, you know, R L USD may be at the heart or center, it totally is it's actually surprising, Abs, to be honest with you. I'm a little bit surprised there that Circle isn't in this thing because they are the you know the largest, one of the largest in the in the world from a stablecoin perspective. And we're talking about big players here. And usually the number one guy in in the game wants to be playing with the big players. And the fact that uh Ripple's sitting in here and we're talking about them and not Circle tells me that either Circle's late to the party or they weren't invited to the party. But either way, it kind of gives you a really good feel for the fact that Ripple's starting to really break ground here. I mean, RLUSD, you know, they started what about a year ago, maybe two years ago, it's been out now, and now it's sitting here amongst the biggest names in the world here. Visa, MasterCard, Lacrock. Are you kidding me? I mean, you couldn't ask for a better position there. So seeing them being part of this play, and also obviously how it's whole revenue share thing, I I personally think that's the right way to do it. Um, I think that is going to incentivize all players to want to come to the table, and it's going to incentivize uh, you know, um uh more of a fair play so that people aren't getting, you know, you know, you see less manipulation. So for me, I like it. I think this is a big, big move for them, and I think it's great for for the for the uh XRPL ledger. I mean, you couldn't ask for a better position right now than to not have your number one competitor sitting in there monkeying around with you. You get to be the big player in amongst these big big fish. I mean, man, especially them being kind of up and coming. This could kind of change the game for the map.

SPEAKER_00 13:02

So I'm excited about this move. And this is one of the reasons that I believe XRP is set to outperform the rest of the crypto market, Johnny, because there's no other leadership team like Ripple. And Ripple just proposed a new lending protocol for the XRP ledger that would allow for institutions to borrow against their tokenized assets. So not only are they purchasing some of the most powerful companies, now they're joining global consortiums where they're a powerful voice in the room and they're launching the institutional products that are going to attract these investors, not just so they speculate on the asset, but so they park capital for years to come. So if you guys are bullish on the future of XRP, smash that like button, subscribe to the channel, and we'll see you all in the next one. So if you're looking to implement the same strategies that we do here on Good Evening Crypto, I would encourage all of our listeners to click on the iTrust Capital link below and sign up to take advantage of tax-free crypto gains. Now, that's not the best part. By leveraging the iTrust link below, you're gonna get a hundred dollar free sign-up bonus to start funding your iTrust Capital account. This is gonna give our listeners access to crypto assets in a Roth IRA product, allowing them to compound those gains tax free until they're 59 years old and held these funds for five years. So a really unique advantage. So if you're excited about the future of digital assets, I would encourage everybody to sign up for iTrust Capital so you can take advantage of those compounding gains tax free.