Ripple director says Mastercard, BlackRock and Franklin Templeton are eyeing the $XRP Ledger pending U.S. regulatory approval
Ripple leadership says Mastercard, BlackRock, and Franklin Templeton are monitoring the XRP Ledger but are awaiting U.S. regulatory clearance. The proposed Clarity Act, framed as providing statutory definitions and a clearer oversight regime, could reduce ongoing uncertainty around whether certain digital assets are treated as securities. Near-term, the headline raises perceived institutional optionality for XRPL pending regulatory progress.
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A Ripple director said major financial institutions including Mastercard, BlackRock and Franklin Templeton are paying attention to the XRP Ledger and are interested in adopting it, but are waiting for clearer U.S. regulatory approval. The report said the Clarity Act could provide a statutory definition and regulatory framework for digital assets such as XRP, addressing the long-running dispute over whether it is a security. If passed, the bill could materially improve XRP’s compliance environment in the U.S. market and institutional acceptance.