The GENIUS Law has been approved - A document revealing its implications on #RLUSD and XRP‼️

• RLUSD gains credibility

The new law requires stablecoins to comply with strict reserve and auditing standards. RLUSD is expected to comply, making it more attractive to institutions.✅

• Increased utility of XRP

RLUSD operates on the XRP ledger. Each transaction consumes a small amount of XRP, thereby reducing supply. As the adoption of RLUSD increases, the demand for XRP rises.✅

• Regulatory clarity for XRP

Although XRP is not a stablecoin, operating within a regulated framework will enhance its position as a service token.✅

• Better positioning compared to central bank digital currencies

With clear rules, RLUSD and XRP can directly compete with central bank digital currencies for institutional use.✅

All of this is documented below.👇