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How the Stablecoin Bill Could Influence XRP's Value

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by Giorgi Kostiuk

4 days ago

Experts believe XRP could reach $10 in April due to the stablecoin bill discussed in the US Congress, potentially affecting Ripple's ecosystem.

Role of the Stablecoin Bill

The discussion of the stablecoin bill on April 2 might significantly impact Ripple's ecosystem. If the bill supports Ripple's RLUSD stablecoin, XRP's value might surge.

The future of digital assets is here and the STABLE Act is ready to lead the way.Bryan Steil

Technical Analysis and Forecasts

Ripple's technical analysis is positive, with expectations of XRP price increase. The stablecoin bill might pave the way for RLUSD, potentially boosting XRP to $10 by April.

Regulatory Influence and Prospects

Following the settlement with the SEC, Ripple is poised for institutional acceptance. The company's leadership emphasizes regulation's importance in facilitating cryptocurrency adoption, enhancing XRP's success chances under new legislation.

Attention should be paid to the stablecoin bill, which could trigger XRP's price increase to $10 by April.

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