Ripple’s RLUSD stablecoin gains ground under the new US GENIUS Act, but XRP sees limited price impact due to supply and regulatory factors.

President Donald Trump on Friday signed the GENIUS Act into law, in a major milestone for the crypto industry and the president’s stated goal of reshaping American crypto policy.

Bipartisan majorities back the first federal cryptocurrency measure to reach a president’s desk. It restricts the issuance of stablecoins to a set of authorized firms.