According to external sources, the recent statements by Paul Atkins, President of the United States Securities Commission, on the capital markets in the chain have led to a renewed discussion in the market about the shift of the United States financial infrastructure to a block chain. According to the article, while no bottom-up network has yet been designated in the chain of custody, a system space has been set aside for securities-type assets.
SEC ' s statement points to asset chaining
Attkins stated at a forum that the SEC was promoting the modernization of securities regulation and adapting the old rules that had long prevailed, in line with Trump's proposed direction of making the United States a global city of encryption. According to the article, this means that the regulatory focus is shifting from simple enforcement to a clearer institutional framework for the block chain market.
The so-called “chain-up” of capital markets consists mainly of the issuance, trading and settlement of assets such as stocks, bonds and funds on block-chain networks. It was mentioned that such models are often considered to reduce settlement time, transaction costs and transparency and market accessibility.
Why is XRPL being discussed?
Against this background, XRP Ledger was listed as one of the candidate networks for potential benefits. This is because the chain supports the issuance and management of digital assets at an early stage, rather than supplementing related functions at a later stage.
According to the article, the characteristics of XRPL include faster settlement speed and lower transaction costs, which make it easier to use in high-frequency, larger-scale financial scenarios. In addition to its payment purposes, the network has expanded in recent years to include more institutional-related functions, including the monetization of real-world assets, built-in and decentrized transactions, and the design of compliance-oriented scenarios.
It is also mentioned that the XRPL ecology has been integrated into products such as the RLUSD, which is regulated, as well as into the ability to decentralise identity and cross-chain interoperability. These functions are considered to be closer to the actual demand of institutions in the chain of finance.
Still at the stage of potential options
At the same time, however, it was emphasized that the SEC did not endorse any single block chain as a designated infrastructure for future capital markets and did not decide on which networks the United States financial system would adopt.
As a result, the XRPL remains more “possibly competitive” than has entered the official programme. The core judgement of the article is that, if the United States capital market continues to push forward with monetization, a network that combines expansion, compliance and original asset distribution capabilities, it is more likely to gain institutional attention in the future, of which XRPL is one.