#GENIUSAct
💥XRP News Today: GENIUS Act Unlocks Trillions for Stablecoins on XRP Ledger💥
- The U.S. GENIUS Act, signed by President Trump, establishes a national regulatory framework for dollar-backed stablecoins, requiring full reserves and third-party audits.
- XRP Ledger validator Vet highlighted the law's potential to boost RLUSD adoption, citing trillions in treasury demand and institutional confidence from regulatory clarity.
- The $250B stablecoin market faces 18-month implementation delays as regulators draft rules, with full enforcement expected by late 2026.
- Consumer protections in the Act, including priority reserve claims and interest restrictions, aim to enhance trust in regulated stablecoins like RLUSD.