US Edition5 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.
48 Articles
48 Articles
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While the world was distracted by the Epstein debacle, legislators introduced the GENUIS Act that would permit the US government to regulate stablecoins. The GENUIS (Guiding and Establishing National Innovation for U.S. Stablecoins Act), primarily sponsored by Senator Bill Hagerty (R-Tennessee), permits the government to oversee, regulate, and define the $250 billion stablecoin market. Now, stablecoins differ from cryptocurrencies as they are pe…
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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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