The U.S. Congress has just passed the GENIUS Act, bringing a fresh wave of clarity and enforceability to the $261B stablecoin market. With new rules mandating full reserve backing, regular audits, and licensing, the days of opaque giants like USDT maintaining their dominance could be numbered especially in Europe, where MiCA is implementing similar regulations.
Enter Ripple's RLUSD: a stablecoin designed for compliance, built on the #xrp Ledger. Experts believe RLUSD is fully GENIUS-ready right from launch, positioning it as a game-changer for banks, asset managers, and corporations.
Here’s the kicker: more RLUSD usage means more $XRP is burned, reducing supply and potentially driving XRP’s price upward. With a staggering +441% growth rate and solid fundamentals, XRP could be primed for another surge.
My take: With clear rules now in play, RLUSD could rise as the first truly global, compliant stablecoin, leaving USDT in the dust and even giving CBDCs a run for their money in the digital payments race. The future’s looking bright for XRP
