Ripple secured a seat at a high-level White House summit on Monday, February 3, 2026, joining an elite group of crypto and traditional finance leaders for a closed-door meeting focused on stablecoin regulation. The two-hour discussion centered on the contentious issue of stablecoin yield and rewards, a key point stalling broader market structure legislation.
Attendees included major crypto firms such as Ripple, Coinbase, Tether, Kraken, Crypto.com, Paxos, Circle, and PayPal, alongside traditional finance heavyweights like Fidelity and Cantor Fitzgerald. Reporter Eleanor Terrett described the atmosphere inside the room as "constructive," with "positive vibes" and "no yelling."
In a separate development, Elon Musk reaffirmed his commitment to sending Dogecoin to the moon. Responding to a resurfaced April 2021 tweet about SpaceX's DOGE mission, Musk confirmed the plan is still active and suggested it might happen next year. This confirmation comes despite Dogecoin's recent price weakness.
Meanwhile, Cardano is poised for greater institutional access as financial firm Volatility Shares updated its filing with the U.S. Securities and Exchange Commission (SEC) to launch three Cardano exchange-traded funds (ETFs). The proposed lineup, to be listed on NYSE Arca, includes a spot Cardano ETF, a 2x leveraged Cardano ETF, and a 3x leveraged Cardano ETF. Volatility Shares manages over $7 billion in assets.
The broader market context shows Bitcoin trading around $75,000, applying pressure on altcoins. XRP is trading in a bearish channel around $1.55-$1.60, with analysts noting a potential move toward $1.40 if selling persists. Cardano has broken below its 2024 lows, trading in the $0.28-$0.29 zone, while Dogecoin is hovering around $0.10-$0.11, showing signs of potential exhaustion in its downtrend.
