XRP News Today: XRP Surges 6% as GENIUS Act Advances US Crypto Regulation

XRP, the cryptocurrency associated with Ripple, experienced a notable surge of 6% following the advancement of the GENIUS Act by the US House. This legislative development has reignited momentum for US crypto regulation and positioned Ripple’s RLUSD stablecoin favorably within the regulatory landscape. The GENIUS Act proposes a comprehensive federal framework for stablecoins, mandating full reserve backing, regular audits, and licensing of issuers by US regulatory bodies. Ripple has proactively aligned its RLUSD stablecoin with these requirements, positioning itself ahead of potential legislation. The company’s application for a national trust bank charter and a Federal Reserve master account underscores its commitment to regulatory compliance. Additionally, Ripple’s partnership with BNY Mellon as the official custodian for RLUSD reserves—comprising US Treasuries, cash, and money market funds—further solidifies its readiness for a regulated stablecoin environment. Should the GENIUS Act pass, RLUSD could become one of the first federally compliant stablecoins, granting Ripple a significant first-mover advantage in the regulated stablecoin market. This regulatory alignment enhances XRP’s utility as a liquidity bridge between compliant digital assets.

XRP is integral to Ripple’s liquidity solutions, facilitating real-time foreign exchange swaps and stablecoin conversions on the XRP Ledger. As RLUSD adoption expands under the GENIUS Act’s regulatory clarity, on-chain stablecoin activity is expected to increase, driving demand for XRP. The bill’s reassignment of regulatory oversight from the SEC to the Treasury and the Office of the Comptroller of the Currency (OCC) reduces legal uncertainties surrounding XRP, reinforcing its status as a utility token rather than a security. This shift has bolstered institutional confidence, reflected in XRP’s recent price rally. Investors are increasingly viewing the GENIUS Act as a pivotal development for Ripple’s regulatory environment and market positioning.

The advancement of the GENIUS Act represents a significant milestone for Ripple and the broader stablecoin ecosystem. By establishing a clear regulatory framework, the bill enhances the legal foundation for RLUSD and strengthens XRP’s role as a critical liquidity bridge within regulated markets. With institutional trust rising and on-chain activity poised to grow, XRP is well-positioned to capitalize on this momentum. As the bill moves toward a floor vote, market participants should closely monitor XRP’s price action and Ripple’s strategic developments, which could signal a new phase of growth and regulatory clarity for the crypto sector.