Ripple is taking a proactive stance in the ongoing regulatory discussions surrounding cryptocurrencies. On May 22, 2026, the company submitted a follow-up letter to the SEC Crypto Task Force, advocating for clearer regulations regarding payment stablecoins and non-securities. The analytical report published in the material substantiates the following: the need for a more defined regulatory framework to foster innovation while ensuring consumer protection.
Ripple Addresses Regulatory Concerns
In the letter, Ripple addresses concerns raised during a previous meeting, emphasizing the need for a more defined regulatory framework. One of the key proposals is to treat stablecoins as proper collateral, which would enhance their legitimacy in financial transactions.
Proposals for RLUSD and XRP
Additionally, Ripple is advocating for a reduction of the haircut for RLUSD to zero, which would significantly impact its usability and acceptance in the market. The company also calls for equal treatment of XRP and other non-securities, aligning them with established cryptocurrencies like Bitcoin and Ethereum.
Clarification on On-Chain Registries
Furthermore, Ripple seeks clarification on the legal status of on-chain registries, proposing that they should be recognized as the sole legal record for tokenized assets. This request aims to streamline the regulatory process and provide greater certainty for businesses operating in the crypto space.
Recently, a controversy has emerged regarding Ripple and its stablecoin RLUSD, as major banking groups are reportedly lobbying against supportive legislation. This situation contrasts with Ripple's proactive regulatory efforts, detailed in the letter to the SEC. For more information, see details.
