Where did RWA money actually flow over the last 90 days? @XRPLF (XRP Ledger) led with $1.9B in net inflows @ethereum with $1.6B @StellarOrg with $1.4B Then @BNBCHAIN ($848M), @solana ($611M), @avax ($362M), @SeiNetwork ($202M) and @Mantle_Official ($90M).

Stand With Crypto and over 200 organizations sent a simple message to Senate leadership: it's time for the Clarity Act. The community is unified — large companies, startups, associations, and grassroots groups across the country are counting on their lawmakers to deliver rules of the road for crypto in America. The Clarity Act passed the Senate Banking Committee with bipartisan support. Now it needs to cross the finish line. Tell your Senators you want Clarity 👇

The demand for modern, always-on settlement infrastructure continues to grow. @Mastercard’s support for $RLUSD and the XRP Ledger reflects growing demand for trusted digital assets and blockchain infrastructure that can power faster, more flexible settlement.

Mastercard plans to expand its integration with the XRP Ledger to support always-on settlements and time-sensitive intraday payment flows. The move will leverage the XRP Ledger’s near-instant finality, predictable low fees, and proven 14-year track record.

14 years ago, we got together with an idea to build a better way to move value. What happened next was something none of us could have built alone. And by "us," I don't just mean the three of us. I mean the developers, validators, businesses, community members, and everyone who helped shape XRP into what it is today. Happy Birthday, XRP!

Today we go live on mainnet with the Fusion Rollup, the world's first multi-ledger rollup, connecting 74 blockchain networks in one unified environment, built for institutions. When I started @quantnetwork in 2015, the vision was simple: make blockchain work for institutions at scale across any network, without the complexity and fragmentation that's held the industry back. For years, institutions had two bad options: bet everything on a single chain, or stitch together insecure bridges across many. Fusion refuses that trade-off. It connects to many networks at once, moving assets, settling transactions, and messaging across chains as built-in capabilities, not workarounds. The breakthrough is unified assets. A example of a stablecoin like USDC or tokenised fund like BUIDL or any other digital assetspread across 7 chains collapses into one: uUSDC or uBUIDL. One asset, one liquidity pool, instead of 7 copies and 7 fragmented pools. Each stays anchored to its origin chain and is withdrawable anytime. No custody or compliance trade-offs. This isn't another layer 2 or a blockchain. It's a new category of infrastructure and it's live. Read more on: quant.network/news/a-new-cat… → connect.overledger.dev → docs.overledger.dev #QuantFusion #EnterpriseBlockchain #MultiLedgerRolleUp #FusionRollup

What an EU-Wide Crypto Tax Could Actually Look Like 🇪🇺 For quite some time, there have been rumours and calls for EU-wide crypto taxes in Brussels as part of efforts to create new EU own resources. Until now, however, there has been very little detail on what such an EU-wide crypto tax might actually look like. Politico now reported on a leaked Commission services paper, circulated ahead of next week's Council discussions on the EU's next long-term budget, that provides the first detailed insight into the options currently being explored. The paper discusses two possible models: 🔹 A crypto transaction tax (example: 0.1% on crypto transaction value), with CASPs potentially acting as collection and reporting points 🔹 A tax on realised crypto capital gains The Commission estimates a transaction-based model could raise roughly €3-4bn annually, while a capital gains approach could generate around €1-2.4bn depending on market conditions. At the same time, the paper highlights major hurdles: → Unanimous approval by all Member States would be required. → A harmonised EU tax base would first need to be established. → Reliable DAC8 reporting data will only start becoming available from 2027. → Activity could migrate outside the EU or into DeFi and self-custody wallets → Crypto market volatility makes revenues difficult to forecast. Interestingly, the paper suggests that stablecoins used as a means of payment should likely be excluded from a transaction-based tax, and notes that capital gains taxation would generally not apply to stablecoins. The document will be discussed alongside possible new EU own resources based on digital services and online gambling. Of the three, crypto taxation appears to face the greatest technical, legal and implementation challenges. Importantly, this is not (yet) a legislative proposal. But it is the first time we are seeing concrete details on what potential EU-wide crypto taxation could look like and how the EU is thinking about its implementation. A short personal take: The substantive political, legal and operational challenges outlined in the paper make me hopeful that EU-wide crypto taxation will not become a near-term policy priority. Also, I think one cannot underscore the likely behavioural response to such a tax enough. Any transaction-based crypto tax would likely accelerate migration towards non-taxed channels (e.g. DeFi, self-custody, non-EU players) and/or non-taxed assets (e.g. stablecoins). In practice, imo, that would significantly reduce the revenue potential on which these projections are based.