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Ripple’s RLUSD vs Tether’s USDT: GENIUS Act May Reshape Stablecoin Ranks


by Izabela Anna
for CoinEdition

Share:

Ripple (XRP) price and RLUSD stablecoin growth outlook linked to US Stablecoin GENIUS Act vote, with current positive XRP technicals (MACD, RSI)
  • RLUSD’s rapid growth and GENIUS Act support may propel Ripple into dominance.
  • Capturing 50% of Tether’s market cap could push XRP above $4 amid strong demand.
  • Technical indicators show bullish momentum, reinforcing XRP’s breakout potential.

The Stablecoin GENIUS Act is anticipated for a U.S. Senate vote next week. Market analysts suggest this development could become a game-changer for Ripple’s ecosystem, especially its stablecoin RLUSD. This legislative action, according to the analysis outlined in the report, may create significant benefits for RLUSD, potentially allowing it to take a large share of the global stablecoin market. 

If RLUSD reaches 50% of Tether’s current $150 billion market cap, the implications for XRP could be transformative. A surge in RLUSD adoption would not only solidify Ripple’s position in the digital payments space but also provide the momentum needed to push XRP to new all-time highs.

RLUSD Adoption Could Strengthen Ripple’s Utility

RLUSD trades close to $1 with a market cap of $331 million. Over the past five months, its value has multiplied sixfold. This growth pace, if sustained or accelerated by regulatory clarity…

The post Ripple’s RLUSD vs Tether’s USDT: GENIUS Act May Reshape Stablecoin Ranks appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.152

-4.61%

$ 1.87

-2.26%

$ 0.99950

-0.02%

$ 3.46


Share:

In This News

Coins

$ 0.152

-4.61%

$ 1.87

-2.26%

$ 0.99950

-0.02%

$ 3.46


Share:

Read More

FDIC Moves to Formalize How Banks Can Issue Stablecoins Under GENIUS Act

FDIC Moves to Formalize How Banks Can Issue Stablecoins Under GENIUS Act

U.S. regulators are tightening the rules around who gets to issue stablecoins, and ho...
Canada’s Approach to Stablecoins Explained: Safety First, Innovation Second

Canada’s Approach to Stablecoins Explained: Safety First, Innovation Second

Canada’s central bank says only tightly controlled stablecoins will be allowed in the...

Ripple’s RLUSD vs Tether’s USDT: GENIUS Act May Reshape Stablecoin Ranks


by Izabela Anna
for CoinEdition

Share:

Ripple (XRP) price and RLUSD stablecoin growth outlook linked to US Stablecoin GENIUS Act vote, with current positive XRP technicals (MACD, RSI)
  • RLUSD’s rapid growth and GENIUS Act support may propel Ripple into dominance.
  • Capturing 50% of Tether’s market cap could push XRP above $4 amid strong demand.
  • Technical indicators show bullish momentum, reinforcing XRP’s breakout potential.

The Stablecoin GENIUS Act is anticipated for a U.S. Senate vote next week. Market analysts suggest this development could become a game-changer for Ripple’s ecosystem, especially its stablecoin RLUSD. This legislative action, according to the analysis outlined in the report, may create significant benefits for RLUSD, potentially allowing it to take a large share of the global stablecoin market. 

If RLUSD reaches 50% of Tether’s current $150 billion market cap, the implications for XRP could be transformative. A surge in RLUSD adoption would not only solidify Ripple’s position in the digital payments space but also provide the momentum needed to push XRP to new all-time highs.

RLUSD Adoption Could Strengthen Ripple’s Utility

RLUSD trades close to $1 with a market cap of $331 million. Over the past five months, its value has multiplied sixfold. This growth pace, if sustained or accelerated by regulatory clarity…

The post Ripple’s RLUSD vs Tether’s USDT: GENIUS Act May Reshape Stablecoin Ranks appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.152

-4.61%

$ 1.87

-2.26%

$ 0.99950

-0.02%

$ 3.46


Share:

In This News

Coins

$ 0.152

-4.61%

$ 1.87

-2.26%

$ 0.99950

-0.02%

$ 3.46


Share:

Read More

FDIC Moves to Formalize How Banks Can Issue Stablecoins Under GENIUS Act

FDIC Moves to Formalize How Banks Can Issue Stablecoins Under GENIUS Act

U.S. regulators are tightening the rules around who gets to issue stablecoins, and ho...
Canada’s Approach to Stablecoins Explained: Safety First, Innovation Second

Canada’s Approach to Stablecoins Explained: Safety First, Innovation Second

Canada’s central bank says only tightly controlled stablecoins will be allowed in the...