Recent bills addressing stablecoins and market structure, if passed, could propel tech giants into the crypto sphere, potentially threatening traditional banks. Ripple recently released a record-breaking 50 million tokens on Ethereum, highlighting significant progress in their $RLUSD development. The timing coincides with uncertainty surrounding upcoming tariffs, leading to volatility in cryptocurrency markets. Meanwhile, Sumitomo Mitsui Financial Group (SMBC), a prominent Japanese financial institution, is exploring the use of Avalanche for commercializing stablecoins in Japan. This follows Warren Buffet’s recent investment in Sumitomo and serves as a significant development within the Japanese crypto landscape.