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Senator Elizabeth Warren’s war on crypto is so all-consuming, she’ll block bipartisan stablecoin legislation designed to protect consumers—just to take a cheap political shot.

The Trump family stablecoin surged to 7th largest in the world because of a shady crypto deal with the United Arab Emirates—a foreign government that will give them a crazy amount of money. The Senate shouldn’t pass a crypto bill this week to facilitate this kind of corruption.”

XRP remains highly sensitive to anti-crypto rhetoric from Capitol Hill. The prospect of an XRP-spot ETF market hinges on the SEC’s decision to drop its appeal against Judge Torres’ Programmatic Sales of XRP ruling. The SEC and Ripple filed a joint motion to pause the appeal in April, citing the prospect of a settlement.

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