Versan Aljarrah is predicting an incoming RLUSD and XRP dominance over Tether's USDT following the passage of the GENIUS Act

President Trump signed the GENIUS Act into law on Friday, establishing a regulatory framework for the roughly $250 billion cryptocurrency market known as stablecoin. Bo Hines, executive director of the President's Council of Advisers on Digital Assets,

The stablecoin regulation bill looked dead in the water on Tuesday, but Trump now indicates progress. Related stocks like Circle are reacting.

Executives at five of the largest US banks shared their plans for stablecoin as regulations passed by Congress head to the White House.

Trump signs GENIUS Act into law after tumultuous crypto week as Bitcoin maintains $119K support with flag pattern targeting $181K breakout.

Tether’s USDT is only 81.5% compliant with the GENIUS Act, per the Q2 reserves report. But Tether still has a 3-year window. The CEO recently stated that they’ll issue a new stablecoin focused on the U.S. market.

As Trump prepares to sign the law, Consumer Reports' senior director monitoring digital marketplaces, Delicia Hand, told Ars that the group plans to work with other consumer advocates and the implementing regulator to try to close any gaps in the stablecoin legislation that would leave Americans vulnerable.

The GENIUS Act prompted Ripple and Circle to apply for U.S. bank charters as Congress cleared new stablecoin regulations.