The upcoming U.S. stablecoin regulations, known as the GENIUS Act, could have a positive impact on Ripple's USD stablecoin, RLUSD, and subsequently on the adoption, utility, and market value of XRP, according to XRP community researcher SMQKE. The regulatory clarity provided by the GENIUS Act is expected to increase RLUSD's credibility and attract institutional investors, driving greater adoption and activity on the XRP Ledger. Additionally, as RLUSD grows in popularity, the demand for XRP as a bridge asset is likely to rise, increasing its value. The regulatory framework will also help solidify XRP's legal status, positioning it as a utility token. Furthermore, RLUSD's positioning against Central Bank Digital Currencies (CBDCs) and the U.S. government's emphasis on USD stablecoins support its potential for global dominance. However, it should be noted that under the proposed GENIUS Act, only stablecoins with over $10 billion in market value will be subject to federal regulation, while Ripple's RLUSD stablecoin currently falls below this threshold.
Content Editor ( thecryptobasic.com )
- 2025-02-28
Pundit Explains How XRP Will Benefit from Upcoming US Stablecoin Regulation
