Ripple CLO calls White House stablecoin talks productive

Ripple Chief Legal Officer (CLO) Stuart Alderoty described recent discussions at the White House on stablecoin revenue as productive. In a post on X, Alderoty stated that a consensus is forming and that bipartisan support for a crypto market structure bill remains intact. He emphasized the need to act while the opportunity is open to achieve tangible results for consumers and the U.S. The comments follow reports of a second meeting at the White House between representatives from the banking and crypto industries to discuss revenue generated from stablecoins, such as interest payments.