On July 18, 2025, President Donald Trump signed the GENIUS Act, establishing regulatory frameworks for stablecoins in the U.S. This act is expected to have a significant impact on the digital asset market.
Overview of the GENIUS Act
The GENIUS Act represents the first unified federal regulatory framework for stablecoins in the U.S. Regulation will be overseen by federal and state financial authorities, including the OCC. The act aims to clarify the rules for digital assets.
Impact on XRP and RLUSD
The GENIUS Act may indirectly affect stablecoins like USDC, RLUSD, and XRP, due to their roles as bridge assets in cross-border settlements. Companies issuing stablecoins will need to meet strict reserve and transparency requirements. So far, XRP leadership has not issued official comments regarding the Act.
Expectations and Consequences
The enactment of the GENIUS Act may reshape financial markets by fostering institutional interest and strengthening certain stablecoins. As President Trump stated, 'The GENIUS Act puts the United States at the forefront of responsible digital asset innovation, bringing clarity for businesses and protection for consumers.' Implementation will take 18 months before full compliance is expected.
The GENIUS Act has opened a new era of stablecoin regulation in the U.S., indicating potential changes for Ripple and other players in the financial market.
