PayPal, Ripple, and Trump's venture are exploring stablecoin launches amid new legislation like the Genius Act.

The entities involved

• Ripple →

  creator and a developer of the Ripple payment protocol and exchange network.

  • The SEC has sued Ripple over unregistered security claims. In response to the legal uncertainty, Kraken pulled XRP listings, and Coinbase also suspended XRP trading.Wed 23:17
  • AVAX surged 50%, outpacing Bitcoin's gains, while XRP gained 22% amidst an unconfirmed ICE decision introducing market uncertainty.Wed 23:17
• Donald Trump →

  American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)

  • Trump ended the ceasefire agreement with Iran following recent attacks by Iranian forces.Mon 18:02
  • The Trump administration utilized the Department of Health & Human Services for an AI tool.Mon 18:02
• PayPal →

  American worldwide online payments system

  • Musk serves as CEO of SpaceX, and investors are comparing SpaceX's potential gains to Tesla's past performance.Mon 07:39
  • Bryan Johnson sold his mobile-payment business, Braintree, to financial-technology firm PayPal.Mon 03:49

Related events

• Stablecoin use is gaining global traction with support from Trump, posing challenges to the monetary policy of the naira in Nigeria.Jun 16