White House Stablecoin Meeting: Ripple and Coinbase Progress

The White House held discussions for the third time to limit how stablecoin rewards are paid between the crypto industry and banking lobbies. At Thursday’s meeting, Coinbase and Ripple executives stated that progress was made, while White House crypto advisor Patrick Witt suggested that third parties tie stablecoin rewards only to transaction activities, not balances. Although no agreement was reached, the discussions were constructive. This development is critically important from the perspective of XRP detailed analysis.

Details of the White House’s Third Stablecoin Summit

The White House put stablecoin reward mechanisms on the table to reduce tensions between the crypto and banking sectors. The third meeting aims to eliminate regulatory uncertainty by bringing together sector representatives. Ripple’s participation highlights the role of the XRP ecosystem in stablecoin integration.

Progress Announcement from Ripple and Coinbase Executives

Coinbase and Ripple top executives emphasized that concrete steps were taken in Thursday’s session. This strengthens the crypto lobby’s defense line against banks. Ripple’s stablecoin vision could reinforce XRP’s advantages in cross-border payments.

Patrick Witt’s Reward Structure Proposal: Transaction-Based Model

White House advisor Patrick Witt advocated tying stablecoin returns to transaction volume rather than balances. This approach discourages speculative accumulation while encouraging liquidity. Technically, this model could create dynamics similar to gas fees in DeFi protocols, potentially impacting the XRP Ledger.

CLARITY Act Stalemate and Senate Banking Committee

These meetings support the Senate’s crypto market structure bill. The House approved the CLARITY Act in July, but stablecoin provisions are stalled in the Senate. While banks fear competition, the law could accelerate institutional adoption of assets like XRP. XRP futures are affected by this uncertainty.

Banks’ Concerns: 6.6 Trillion Dollar Deposit Risk

The banking lobby is concerned that stablecoin rewards will draw deposits away. The Treasury Department predicts that mass adoption could lead to outflows of 6.6 trillion dollars. The banking group will review the proposal tomorrow (February 21, 2026). This reflects traditional finance’s struggle to adapt to crypto.

XRP Technical Analysis: Support and Resistance Levels

XRP price at 1.42 USD, in downtrend with 24h +0.77% change. RSI 39.48 (neutral), Supertrend bearish, EMA20 1.5026. Expert opinion: Short-term recovery depends on R1.

Investors should watch S1; regulatory news could increase volatility.