XRP Today's News: White House legislative negotiations break down, ETF funds become the only lifeline
XRP ends two consecutive days of gains, as the White House crypto legislation meeting on February 10 failed to resolve the deadlock between TradFi and DeFi regarding stablecoin yields. The US banking industry opposes allowing stablecoin rewards, and Bank of America's CEO warns of a $6 trillion deposit outflow. The stalled progress of the Market Structure Act puts pressure on XRP, with bulls holding the critical $1.4 support level. Despite policy setbacks, XRP spot ETF with zero outflows supports market sentiment.
View OriginalLast edited on 2026-02-11 03:13:53