XRP Not Mentioned In Newly Passed New York Bill For Crypto Payment, But…

In a move that’s stirring conversation across the digital asset community, New York State has officially passed a bill enabling cryptocurrency payments for certain services and obligations, naming Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) among the recognized digital assets. 

Notably absent from the list was XRP, a token with one of the longest-standing use cases in crypto history. For some, this omission might signal concern. But as Arthur pointed out in a detailed analysis, the real takeaway may be quite the opposite—it’s an opening rather than a rejection.

What the Law Says

At the heart of the confusion lies the language of the bill itself. While BTC, ETH, LTC, and BCH are specifically named, the legislation also contains a critical phrase: “including but not limited to.” This wording is legally significant. It means the list is illustrative, not exhaustive. In practical terms, any digital asset that satisfies the bill’s technical definitions and standards could potentially be utilized, including XRP and any tokens issued on the XRP Ledger (XRPL).

So, while XRP may not be explicitly mentioned, it is far from excluded. Arthur makes the argument that this legislative approach allows for the broader inclusion of crypto networks that prioritize utility and performance, and XRPL fits squarely into that category.

XRPL: The Infrastructure That Powers Payments

The debate isn’t just about XRP, the token. As Arthur rightly underscores, the real conversation should center on the XRPL—the XRP Ledger—which is the foundational infrastructure Ripple and other developers have built upon since 2012. XRPL is not just an engine for XRP; it’s a scalable, interoperable blockchain designed specifically for payments and asset transfers.

The XRPL boasts built-in functionality that many networks are only beginning to implement—a decentralized exchange (DEX), sub-second finality, low transaction fees, and a multi-asset framework. These are not theoretical concepts or whitepaper promises; they are battle-tested capabilities that have been running in production for over a decade.

In contrast, networks like Bitcoin and Ethereum, while dominant in brand and market cap, continue to face real-world challenges such as high transaction fees, slower confirmation times, and scalability bottlenecks. These issues often hamper their suitability for everyday payments and retail-level adoption.

Let the Market Choose Utility

What this New York bill may ultimately catalyze is not a popularity contest, but a market-driven experiment in performance-based adoption. Arthur captures this sentiment succinctly: “This bill doesn’t choose winners. It opens the door for the market to decide based on efficiency, not just brand recognition.”

This subtle but powerful shift from named inclusion to functional eligibility is where XRPL has the chance to shine. As more businesses, governments, and institutions look for payment networks that are fast, low-cost, and scalable, XRPL’s architecture positions it to stand out naturally—even without the spotlight of legislative name-dropping.

Beyond Speculation: Into the Utility Era

The passage of this bill may mark the beginning of a new phase in crypto: one that favors infrastructure over hype and proven performance over marketing buzz. XRP holders and XRPL developers are no strangers to being underestimated. But with every piece of legislation that favors open-ended inclusion and technical merit, the XRPL stands to benefit—quietly and profoundly.

Arthur’s final thought says it best: “The future of crypto payments isn’t about who got named in a bill. It’s about who shows up when it matters.” XRP and XRPL might not have been mentioned this time, but their readiness, efficiency, and long-term vision mean they’re poised to lead in the moments that truly count.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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