5 Things to Know as the GENIUS Act Becomes Law
UNITED STATES, JUL 18 – The GENIUS Act establishes a federal framework regulating stablecoins and requires issuers with over $10 billion in market cap to meet reserve and audit standards, lawmakers said.
- On Friday, July 18, 2025, President Donald Trump signed the Guiding and Enabling the Nationwide Innovation of US Stablecoins Act into law, establishing the first federal regulatory framework for stablecoins.
- Backed by both parties, the GENIUS Act, sponsored by Senator Bill Hagerty, received bipartisan support and defines the $250 billion stablecoin market.
- Under the new rules, stablecoin issuers with over $10 billion in stablecoins fall under a new oversight agency.
- Despite RLUSD’s boost, XRP remains uncertain, as the new framework limits its direct impact on Ripple’s native token.
- Future legislation like the CLARITY Act could redefine XRP’s legal status, and in the interim RLUSD offers a stablecoin path amid XRP uncertainty.
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48 Articles
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5 things to know as the GENIUS Act becomes law
(The Hill) -- President Donald Trump signed the GENIUS Act into law on Friday, enacting the first major cryptocurrency legislation. The bill, which sets up a regulatory framework for payment stablecoins, reached Trump’s desk after a tumultuous week in the House, where competing GOP factions revolted over a trio of crypto bills. The chaos brought the House floor to a standstill and resulted in the longest vote on record in the chamber. Republica…
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