USA Say goodbye to Genius Act: Basics for Ripple and the establishment of the new StableCoin RLUSD!

USA Say goodbye to Genius Act: Basics for Ripple and the establishment of the new StableCoin RLUSD!

USA say goodbye to the Genius Act: A milestone for stable coins and ripple

In a significant legal development, the United States passed the Genius Act. This new law offers a regulatory foundation for stable coin emitters and could be of great importance, especially for companies such as Ripple.

The Genius Act creates transparency and security in the field of digital currencies, which could strengthen trust in stable coins. But what does this mean specifically for Ripple and their new StableCoin, Rlusd?

ripple plans the introduction of the RLUSD to meet the growing requirements of the market. With the new regulatory framework that the Genius Act offers, Ripple can take the necessary steps to successfully establish its stable coin and to guarantee users a high level of security and efficiency.

Overall, the adoption of the Genius Act marks significant progress in the regulation of stable coins in the United States. This could not only have an impact on ripple, but also influence the entire market for digital currencies.