What the GENIUS Act Means for XRP Investors
President Donald Trump signed the GENIUS Act, providing a regulated framework for stablecoin issuers like Ripple. This legislation offers stablecoins such as USDC and RLUSD a competitive edge in institutional adoption. Ripple's RLUSD could position it as a key liquidity provider in the U.S., competing with USDC and PayPal USD. However, any market share gains for Ripple are unlikely to significantly affect XRP's price, as the volume of XRP burned through RLUSD transactions is minimal compared to the total supply. The ongoing SEC lawsuit complicates XRP's classification, with its status as a security remaining ambiguous. The GENIUS Act allows Ripple to reduce reliance on XRP amid regulatory uncertainty. The potential adoption of the CLARITY Act could clarify XRP's status and enable broader tokenization strategies for Ripple.
