The recent progression of the GENIUS Act through the U.S. Senate is drawing considerable attention, particularly among stakeholders in the digital assets sector. This legislative development introduces a federal framework for regulating stablecoins and is poised to support companies like Ripple as they expand their payment services within the United States. Passed with bipartisan support, the GENIUS Act establishes comprehensive guidelines for the issuance and management of stablecoins backed by the U.S. dollar. Its core objective is to promote financial innovation by delivering regulatory certainty to firms operating in the digital currency space. The legislation also aims to enhance the efficiency of domestic and international payment networks while maintaining the U.S. dollar’s leading role in global finance. Ripple’s Strategic Position in the Stablecoin Ecosystem Ripple entered the stablecoin market in 2024 with the introduction of RLUSD , its U.S. dollar–pegged digital asset. In a relatively short time, RLUSD has reached a market capitalization of $415 million, establishing Ripple as a notable participant in the compliant digital finance sector. The firm’s expansion efforts have been supported at the state level, with regulatory approvals secured in jurisdictions such as New York and Texas. In addition, Ripple holds more than 50 money transmitter licenses across various U.S. states. These licenses authorize the company to offer cross-border payment services to financial institutions, leveraging both XRP and RLUSD. Implications of the GENIUS Act for Ripple and the Broader Market The GENIUS Act complements Ripple’s ongoing regulatory compliance efforts by providing a unified national structure for stablecoin regulation. XRP community researcher “SMQKE” recently emphasized on social media that Ripple’s RLUSD is already aligned with the Act’s regulatory expectations. RIPPLE IS LEGALLY ALLOWED TO OFFER CROSS-BORDER PAYMENT SERVICES TO U.S. FINANCIAL INSTITUTIONS USING RLUSD AND XRP Documented. https://t.co/bxNKD2B4GP pic.twitter.com/0XZPqK8gIH — SMQKE (@SMQKEDQG) June 19, 2025 RLUSD is fully backed by U.S. dollar deposits and short-term government securities, with independent monthly attestations verifying its reserves. According to SMQKE, as RLUSD sees increased institutional adoption, the associated use of XRP will also grow. Since transaction fees on the XRP Ledger are paid in XRP and then permanently removed from circulation, this could gradually reduce the overall supply of the token, potentially influencing its value. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The GENIUS Act also helps position RLUSD and XRP as viable alternatives to central bank digital currencies (CBDCs), particularly within a defined and enforceable legal structure. This clarity may improve institutional confidence and accelerate adoption across financial markets. Forward Momentum and Market Speculation The bill is now under consideration in the House of Representatives. President Donald Trump has publicly urged lawmakers to approve the legislation without delay, citing its importance in maintaining U.S. competitiveness in financial technology. Some XRP proponents, such as Chad Steingraber , have expressed optimism about the long-term price outlook for the asset. They argue that regulatory milestones like the GENIUS Act could support ambitious growth targets, including projections of XRP reaching $250. While future outcomes remain speculative, the alignment of federal and state policies with Ripple’s business model may prove to be a critical enabler of its cross-border payment ambitions using both XRP and RLUSD. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post GENIUS Act Puts Ripple In Notable Position For Cross-Border Payments Using XRP and RLUSD appeared first on Times Tabloid .
