🔻HE JUST DID IT.
Trump — hours ago — posted on Truth Social:
"I am MANDATORILY REQUESTING that ALL countries immediately sign the Abraham Accords."
Saudi Arabia. Qatar. Pakistan. Turkey. Egypt. Jordan.
ALL OF THEM. Recognizing Israel. Signing peace. Or NO DEAL.
Do you understand what you just witnessed?
ONE MAN just told the entire Muslim world: You WILL make peace with Israel. Not a suggestion. Not a request. A MANDATE.
No president in HISTORY has ever done this. Not even close.
They said it was impossible. They said the Middle East would NEVER have peace. They said it would take "generations." They laughed at him.
HE JUST DID IT IN ONE TRUTH SOCIAL POST.
Iran — surrendering its nuclear program.
Saudi Arabia — being told to recognize Israel.
The Strait of Hormuz — reopening.
American troops — coming home.
IN ONE WEEK.
And here's what they won't say on television:
The Abraham Accords aren't just a peace deal. They're the fulfillment of a PROPHECY. "And they shall beat their swords into plowshares." Isaiah 2:4.
For 3,000 years — war in the Holy Land. Empires rose and fell trying to bring peace to Jerusalem. Rome couldn't. Britain couldn't. The UN couldn't.
A 79-year-old man from Queens just did it FROM HIS PHONE.
They shot at him Saturday. He posted peace on Monday.
They tried to kill the man bringing peace to the Holy Land. Read your Bible. You know exactly what that means.
♟ The man they call "dictator" just ordered PEACE. And the world is obeying.
Trump — hours ago — posted on Truth Social:
"I am MANDATORILY REQUESTING that ALL countries immediately sign the Abraham Accords."
Saudi Arabia. Qatar. Pakistan. Turkey. Egypt. Jordan.
ALL OF THEM. Recognizing Israel. Signing peace. Or NO DEAL.
Do you understand what you just witnessed?
ONE MAN just told the entire Muslim world: You WILL make peace with Israel. Not a suggestion. Not a request. A MANDATE.
No president in HISTORY has ever done this. Not even close.
They said it was impossible. They said the Middle East would NEVER have peace. They said it would take "generations." They laughed at him.
HE JUST DID IT IN ONE TRUTH SOCIAL POST.
Iran — surrendering its nuclear program.
Saudi Arabia — being told to recognize Israel.
The Strait of Hormuz — reopening.
American troops — coming home.
IN ONE WEEK.
And here's what they won't say on television:
The Abraham Accords aren't just a peace deal. They're the fulfillment of a PROPHECY. "And they shall beat their swords into plowshares." Isaiah 2:4.
For 3,000 years — war in the Holy Land. Empires rose and fell trying to bring peace to Jerusalem. Rome couldn't. Britain couldn't. The UN couldn't.
A 79-year-old man from Queens just did it FROM HIS PHONE.
They shot at him Saturday. He posted peace on Monday.
They tried to kill the man bringing peace to the Holy Land. Read your Bible. You know exactly what that means.
♟ The man they call "dictator" just ordered PEACE. And the world is obeying.
❤48💯23🔥8👎4🥱3
Executive Summary: Ripple’s May 22, 2026 Letter to the SEC Crypto Task Force
What it is: A formal follow-up submission after Ripple’s March 20, 2026 meeting with Commissioner Hester Peirce and the Task Force. It seeks targeted clarifications and amendments to existing broker-dealer rules (primarily Rule 15c3-1 net capital and Rule 15c3-3 customer protection) plus the Crypto FAQ — not new legislation.
Core Goal: Reduce regulatory friction so broker-dealers can safely custody, collateralize, and trade payment stablecoins (e.g., RLUSD) and tokenized securities while giving non-security crypto assets (beyond just BTC/ETH) fair capital treatment when they have real market liquidity.
The 5 Specific Asks
Stablecoins as Collateral (Rule 15c3-1)
Clarify that Qualified Payment Stablecoins received as collateral count as allowable assets (or cash equivalents). Current ambiguity forces conservative treatment that kills financing use cases.
Custody of Client Stablecoins (Rule 15c3-3)
Create a defined category “Qualified Payment Stablecoins” (non-securities with strong reserves/redemption rules).
Treat customer balances as cash equivalents in the reserve formula.
Allow them in the Special Reserve Bank Account.
Let qualified digital custodians or OCC national trust banks serve as depositories.
Rationale: Non-securities currently get zero customer protections, so clients avoid them.
Non-Security Crypto Assets – “Readily Marketable” Status
Revise FAQ Question 4 so assets other than BTC/ETH (if they meet objective liquidity tests: ETP listing, competitive dealer quotes, etc.) get the same lower haircut treatment for proprietary positions in crypto ETP creations/redemptions. Ties directly to the March 2026 SEC/CFTC joint interpretation.
Haircut on Stablecoins – 2% Is Punitive
Original data analysis: A 2% haircut equals ~47.85 standard deviations for RLUSD.
Recommendation: 0% haircut when the broker-dealer has a direct mint-burn relationship with the issuer (secondary market price becomes irrelevant). Even without direct access, 2% is excessive given how stablecoins have matured.
Tokenized Securities – On-Chain Registry as Legal Truth
For directly issued tokenized securities (e.g., tokenized MMF shares), designate the on-chain registry maintained by a regulated digital transfer agent as the single authoritative legal register.
Eliminates dual-registry risk (off-chain vs on-chain can diverge in stress/rehypothecation).
On-chain transfers = legal title transfers under the Investment Company Act.
Distinguish true direct issuance from “digital twin” models in SEC taxonomy.
Bottom Line (Unfiltered):
This is a precise, technical, low-drama filing that gives the Task Force concrete, implementable language to plug the biggest operational holes for institutional crypto activity in 2026. It leverages Ripple’s own RLUSD as the example but frames everything around broker-dealer practicality, capital efficiency, and legal certainty — exactly the kind of input the new Task Force was set up to receive.
Full PDF is short, data-backed, and already public on sec.gov. No fluff, no grandstanding — just five actionable fixes.
https://www.sec.gov/files/ctf-written-input-ripple-052226.pdf
What it is: A formal follow-up submission after Ripple’s March 20, 2026 meeting with Commissioner Hester Peirce and the Task Force. It seeks targeted clarifications and amendments to existing broker-dealer rules (primarily Rule 15c3-1 net capital and Rule 15c3-3 customer protection) plus the Crypto FAQ — not new legislation.
Core Goal: Reduce regulatory friction so broker-dealers can safely custody, collateralize, and trade payment stablecoins (e.g., RLUSD) and tokenized securities while giving non-security crypto assets (beyond just BTC/ETH) fair capital treatment when they have real market liquidity.
The 5 Specific Asks
Stablecoins as Collateral (Rule 15c3-1)
Clarify that Qualified Payment Stablecoins received as collateral count as allowable assets (or cash equivalents). Current ambiguity forces conservative treatment that kills financing use cases.
Custody of Client Stablecoins (Rule 15c3-3)
Create a defined category “Qualified Payment Stablecoins” (non-securities with strong reserves/redemption rules).
Treat customer balances as cash equivalents in the reserve formula.
Allow them in the Special Reserve Bank Account.
Let qualified digital custodians or OCC national trust banks serve as depositories.
Rationale: Non-securities currently get zero customer protections, so clients avoid them.
Non-Security Crypto Assets – “Readily Marketable” Status
Revise FAQ Question 4 so assets other than BTC/ETH (if they meet objective liquidity tests: ETP listing, competitive dealer quotes, etc.) get the same lower haircut treatment for proprietary positions in crypto ETP creations/redemptions. Ties directly to the March 2026 SEC/CFTC joint interpretation.
Haircut on Stablecoins – 2% Is Punitive
Original data analysis: A 2% haircut equals ~47.85 standard deviations for RLUSD.
Recommendation: 0% haircut when the broker-dealer has a direct mint-burn relationship with the issuer (secondary market price becomes irrelevant). Even without direct access, 2% is excessive given how stablecoins have matured.
Tokenized Securities – On-Chain Registry as Legal Truth
For directly issued tokenized securities (e.g., tokenized MMF shares), designate the on-chain registry maintained by a regulated digital transfer agent as the single authoritative legal register.
Eliminates dual-registry risk (off-chain vs on-chain can diverge in stress/rehypothecation).
On-chain transfers = legal title transfers under the Investment Company Act.
Distinguish true direct issuance from “digital twin” models in SEC taxonomy.
Bottom Line (Unfiltered):
This is a precise, technical, low-drama filing that gives the Task Force concrete, implementable language to plug the biggest operational holes for institutional crypto activity in 2026. It leverages Ripple’s own RLUSD as the example but frames everything around broker-dealer practicality, capital efficiency, and legal certainty — exactly the kind of input the new Task Force was set up to receive.
Full PDF is short, data-backed, and already public on sec.gov. No fluff, no grandstanding — just five actionable fixes.
https://www.sec.gov/files/ctf-written-input-ripple-052226.pdf
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