Alderoty: XRP Enters 'Commodity Era' After SEC Redefinition
On March 18, 2026, Ripple Chief Legal Officer Stuart Alderoty responded to the SEC’s redefinition of certain crypto assets, saying XRP has officially entered a "commodity era" under U.S. law. The agency’s move names Solana, Cardano and XRP as non-security crypto assets, a formal clarification that Ripple portrays as resolving long-standing legal ambiguity around the token.
Alderoty framed the decision as a positive development for market participants, noting it could ease listing, custody and institutional adoption for XRP in the United States. Industry observers say the reclassification may accelerate products like spot ETFs, exchange support and lending services, though the broader regulatory picture remains fluid and other tokens still face securities scrutiny. Market participants will be watching how regulators and market infrastructure implement the SEC’s new stance.