Stablecoins are facing rising pressure as the yield debate exposes 
inefficiencies in idle capital. Firms like Wisdomtree Digital Assets are 
pointing to tokenized funds as a way to capture income without sacrificing 
liquidity. Key Takeaways: Wisdomtree says a regulated money market fund can 
match stablecoin liquidity while generating income. Stablecoins drive the 
yield debate as […]

Wisdomtree Suggests Stablecoin Market Faces Structural Repricing as Institutions Shift Toward Yield

XRP price started a downside correction from the $1.40 zone. The price is now 
consolidating and might aim for another increase if it stays above the $1.350 
zone. XRP price started a downside correction after it failed to clear the 
$1.40 zone. The price is now trading above $1.350 and the 100-hourly Simple 
Moving Average. There is a bullish trend line forming with support at $1.3490 
on the hourly chart of the XRP/USD pair (data source from Kraken). The pair 
could start a fresh increase if it settles above $1.3780. XRP Price Dips Again 
XRP price started a decent upward move above $1.3550 and $1.3650, like Bitcoin 
and Ethereum. The price gained pace for a clear move above the $1.380 
resistance. A high was formed at $1.3964, and the price started a downside 
correction. There was a move below $1.3680 and $1.360. The price dipped below 
the 50% Fib retracement level of the upward move from the $1.320 swing low to 
the $1.3964 high. The price is now trading above $1.350 and the 100-hourly 
Simple Moving Average. There is also a bullish trend line forming with support 
at $1.3490 on the hourly chart of the XRP/USD pair. If there is a fresh upward 
move, the price might face resistance near the $1.3680 level. The first major 
resistance is near the $1.3780 level, above which the price could rise and 
test $1.3880. A clear move above the $1.3880 resistance might send the price 
toward the $1.40 resistance. Any more gains might send the price toward the 
$1.4120 resistance. The next major hurdle for the bulls might be near $1.4250. 
Another Drop? If XRP fails to clear the $1.3680 resistance zone, it could 
start a fresh decline. Initial support on the downside is near the $1.3550 
level. The next major support is near the $1.350 level and the trend line or 
the 61.8% Fib retracement level of the upward move from the $1.320 swing low 
to the $1.3964 high. If there is a downside break and a close below the $1.350 
level, the price might continue to decline toward $1.3380. The next major 
support sits near the $1.320 zone, below which the price could continue lower 
toward $1.30. Any more losses might call for a test of $1.2880. Technical 
Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the 
bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is 
now below the 50 level. Major Support Levels – $1.3500 and $1.3380. Major 
Resistance Levels – $1.3680 and $1.3780.

XRP Price Upside Rejected, Momentum Shifts Back to Sellers

The Securities and Exchange Commission said on April 13 that certain crypto 
user interfaces tied to XRP other digital assets can avoid broker-dealer 
registration when they stay out of custody, order routing, and trade 
execution. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull 
Case: Finance Expert The staff statement is temporary and will be withdrawn in 
five years unless the Commission acts first, but it gives developers a clearer 
lane for now. XRPL Gets A Lift From The New Guidance That shift matters for 
the XRP Ledger because the network already includes a built-in decentralized 
exchange, along with order books, automated market makers, and cross-currency 
routing. XRPL documentation says those features are native to the ledger, 
which means developers can build on top of existing market infrastructure 
instead of creating a separate exchange from scratch. Extremely good news for 
DeFi on XRP! Why? We have XRP protocol level Decentralized Exchange, with 
orderbooks and automated market makers and native cross currency transaction 
routing. Means, providing just access to the XRP DEX doesn&#8217;t require 
registration. Because you don&#8217;t… https://t.co/Z8U5tsX02O — Vet (@Vet_X0) April 
13, 2026 Some analysts say the setup aligns closely with the SEC’s new 
language. XRPL validator Vet argued that simply giving users access to the XRP 
DEX should not trigger registration, since the interface is not holding funds 
or carrying out trades itself. On X, Vet called the development “extremely 
good news for DeFi on XRP,” citing the XRP Ledger’s built-in design. That 
reading matches the general direction of the SEC statement, but it is still an 
interpretation, not a formal exemption. Reports point to the ledger’s design 
as a reason XRP DeFi could move faster than many other ecosystems. Because the 
network already handles routing and settlement at the protocol level, front- 
end builders may have less work to do than on chains where liquidity is split 
across many separate venues. What The SEC Drew The Line Around The SEC staff 
statement is narrow. It covers interfaces that let users prepare crypto asset 
securities transactions through a self-custodial wallet, while staying away 
from solicitation, custody, trade execution, and order routing. It also says 
such providers should rely on objective, pre-disclosed parameters, offer users 
control over defaults, and disclose material facts about fees, conflicts, and 
the limits of the interface. Related Reading: TRUMP Buying Frenzy Builds Ahead 
Of Mar-A-Lago Power Event The statement goes further by saying a covered 
interface should not comment on routes, claim a route is best, or exercise 
discretion over the market data and transaction details it shows. It also says 
the provider’s compensation must be fixed and product-agnostic, with no 
payments tied to the size or outcome of individual trades. Those conditions 
matter because they set the boundary between a software tool and a broker-like 
service. For XRP developers, the point is not that the SEC has blessed the 
XRPL outright. The point is that the agency’s staff is now describing a 
category of front ends that may be able to operate without broker-dealer 
registration if they stay inside strict limits. Featured image from Vecteezy, 
chart from TradingView

‘Extremely Good News’ – XRP DeFi Momentum Builds As SEC Softens Position On Interfaces

Senator Thom Tillis will publicly share an agreement to end a crypto and 
banking clash over stablecoin yields, but both sides are resisting the 
proposal, Politico reports.

Crypto, banks continue Senate bill spat with new proposal concerns: Report

Paxos Labs has closed a $12 million strategic funding round led by Blockchain 
Capital and launched Amplify, a product suite that lets platforms turn digital 
asset holdings into active financial products through one integration. Key 
Takeaways: Paxos Labs closed a $12 million round led by Blockchain Capital to 
launch Amplify, a digital asset utility suite. […]

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