$XRP
GENIUS Act Revote Drives XRP Above $3 to Target All-Time High
House vote frenzy triggered an XRP and broader crypto market rally as the GENIUS Act inched closer to President Trump’s desk.
On Wednesday, July 15, the House progressed the GENIUS Act, aiming to deliver a regulatory framework for stablecoins. The bill could reach President Trump’s desk before the weekend. XRP would likely benefit from the legislation, since regulatory clarity over stablecoins could boost adoption of Ripple’s RLUSD, a stablecoin product.
There were also procedural votes in favor of progressing the CLARITY Act and the Anti-CBDC Surveillance State Act.
