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GENIUS Act may boost XRP via Ripple's RLUSD stablecoin with fee burns and liquidity roles.

Market News
24 Oct 2026
Tokenpost
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Bullish
GENIUS Act may boost XRP via Ripple's RLUSD stablecoin with fee burns and liquidity roles.

The GENIUS Act, which became law in July 2025, could benefit XRP through Ripple's RLUSD stablecoin. Crypto researcher SMQKE highlighted that RLUSD transactions on the XRP Ledger generate small fees paid in XRP that are burned, potentially reducing supply. Additionally, XRP might serve as a bridge currency for liquidity if RLUSD expands in cross-border payments and remittances. This analysis follows the OCC's finalization of stablecoin issuer rules, effective from January 2027, setting standards for payment stablecoins like RLUSD.

XRP is trading at Rp23.182 on Pluang as of Oct 24, 2026 15:01 WIB, showing a 1-day decline of 2.87%. The market cap stands at Rp1.470,84 trillion with a 24-hour trading volume of Rp27,34 trillion. Despite the recent price drop, Pluang order activity indicates 77% selling and 23% buying, with investors typically holding XRP for 72 days.

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