In today's XRP news, Ripple is poised to combat the US SEC's attacks on its stablecoin launch plan with the recent Binance ruling. The price of XRP is showing positive momentum amidst these developments.

The recent response from the US Securities and Exchange Commission regarding their motion for remedies and final judgment has been criticized for its lack of strength. Ripple's Chief Legal Officer, Stuart Alderoty, expressed disappointment in the SEC's approach, highlighting their failure to apply the law accurately. Despite this, Alderoty remains optimistic about the upcoming phase of remedies in the ongoing lawsuit.

The SEC's focus on Ripple's planned stablecoin has been a point of contention, with the regulator pushing for injunctions based on assumptions of future violations by Ripple. XRP expert Ashley Prosper anticipates a decision on Binance's motion to dismiss soon, which could potentially impact the classification of BUSD as a security.

The outcome of the Binance lawsuit is expected to work in Ripple's favor by challenging the SEC's claims regarding the status of the new stablecoin. The SEC's scrutiny of Ripple's XRP sales post-2020 continues, alleging violations of securities laws.

As the legal battle unfolds, Ripple awaits decisions on expert witnesses and remedies. Legal experts have critiqued the SEC's arguments, suggesting that certain claims may be dismissed by the presiding judge. The timeline for a final ruling remains uncertain, with potential hearings to address outstanding issues.

In the midst of these legal proceedings, XRP's price hovers around $0.52, showing a modest increase of nearly 1% in the past 24 hours. The trading volume on spot exchanges remains relatively low, reflecting the ongoing uncertainty surrounding Ripple's legal challenges.