The CEO of Ripple says that the genius law resembles the major regulations after the 2008 Finanical Crisis star-news.press/wp

At a historical moment for both Ripple and the broader encryption industry, US President Donald Trump It was officially fell Directing and creating the national innovation of the Stablecoins Law for us, or “the genius law”. It is worth noting that the CEO of Ripple (CEO), Brad Garlinghyus, has likened the newly passed bill to the comprehensive reforms that have been enacted after the famous financial crisis of 2008. The genius law is called A. A turning point for digital assets in the United StatesIt indicates a bold step towards better organizational clarity while consolidating the country’s position in the global race to lead technology.

Ripple CEO shares take a new genius law

On July 17, The US House of Representatives passed the Genius lawA legislative proposal to create an organizational framework for cryptocurrencies that last the United States, also known as Stablecoins. Shortly after the approval of the bill, Garinghouse moved to social media X on the same day to exchange his ideas.

He has mailRipple CEO of Ripple analyzed a size for the law of genius, which directed similarities to the wave of financial reforms that followed the 2008 economic crisis. According to Garlinghouse, more than 15 years have passed since The United States has passed a draft regulatory law Of this size, it stresses the importance of the arrival of the genius law in a moment when the world is quickly Blockchain technology and digital assets embrace.

With President Trump officially signing the legislation, Garlinghyus stressed that this new law creates the United States as a clear return in creating financial technology – especially in the world of Stablecoins. The CEO of Ripple Bill Bell praised the dark Organizational clarity of digital assets and companies With increased confidence between institutions and consumers working in the digital economy.

It is worth noting that Garlinghouse expressed his gratitude to a coalition from legislators from both parties, whose leadership was a fundamental role in pushing the bill forward. The CEO indicated that he is looking forward to how this Historical legislation The dynamics of stablecoin, financial inclusion, and more. For Ripple and other encryption companies or Blockchain operating in the United States, this law can refer to the beginning of a new era determined by organizational support rather than uncertainty.

What does the genius act mean for Rappele’s Rlus

Experienced analyst is identified on X as “all xrp” things High The effects of genius are working on Ripple’s Stablecoin, RLUSD. Contrary to the previous organizational efforts that struggled to determine the assets of encryption, the genius law penetrates mystery by providing a clear and supportive framework for Sources are supported by Stablecoin 1: 1 in US dollars.

In the case of RLUSD from Ripple, the encryption analyst argues that the newly approved bill puts it useful, allowing it to benefit from all the main pillars of the legislation, including organizational compliance, the dollar continuity, and the interlocutor operation. By consolidating the RLUSD value for American treasury bonds And put it in the shadow of a federal umbrella for legal clarity, the genius law creates a fertile environment for the prevailing accreditation of the night.

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