🚨 *Ripple CEO Brad Garlinghouse Reacts to GENIUS Act Passing* 🏛️💬
Ripple CEO *Brad Garlinghouse* has responded to the *passage of the GENIUS Act*, the new U.S. stablecoin legislation aimed at regulating the issuance and use of stablecoins like USDC and USDT 🪙📜
What Brad Said 🗣️
Garlinghouse called the bill a *“step in the right direction”* for crypto regulation in the U.S., saying it creates *clearer rules* for stablecoin issuers while promoting *innovation and consumer protection* 🇺🇸✅
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Why It Matters 🧠
- The GENIUS Act is the *first major stablecoin bill* to pass the Senate — a big regulatory win for crypto
- Ripple is developing its own *stablecoin*, so this could pave the way for *U.S.-compliant launch and usage* 💵
- Brad’s support shows Ripple is ready to *work with regulators* rather than fight them
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Market Impact 🔮
- *Bullish for XRP* and Ripple-backed projects 🚀
- Could attract more *institutional capital* into stablecoins and related ecosystems
- Sets the tone for broader *crypto legislation clarity*, which the market craves right now
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In short: Ripple’s CEO sees this as *regulatory momentum* finally going crypto’s way. More clarity = more growth 📈🔥