US Senate Passes Genius Act: What It Really Means for Stablecoins and XRP

In a major development for the crypto industry, the U.S. Senate has passed the Genius Act, a long-anticipated bill aimed at regulating stablecoins. The legislation cleared with a 68-30 vote and is expected to move quickly through the House before reaching President Trump.

This bill could reshape how dollar-backed digital assets—such as USDC, PayPal USD, and others—are issued and regulated in the United States. But there's a deeper question being asked in the crypto space:
Does this spell trouble for XRP?

Are Stablecoins a Threat to XRP?

On the surface, regulated stablecoins may seem like a competitor to XRP, especially in the realm of cross-border transactions. But experts argue that XRP offers something stablecoins can’t: neutrality.

“There’s about $27 trillion locked up in Nostro/Vostro accounts today. That number could double in a stablecoin-driven world because banks will want to keep control. XRP offers a neutral, decentralized alternative.”

Banks are unlikely to trust stablecoins issued by competitors, which is why a neutral settlement asset like XRP remains valuable.

Stablecoins Store Value — XRP Moves It

Here’s the core difference:

• Stablecoins like USDC are built to store value.

• XRP is built to move value across borders, instantly and with minimal friction.

Sending USDC between countries requires multiple intermediaries and trust layers. XRP handles that in seconds, removing the need for pre-funded accounts or centralized issuers.

Why XRP Still Matters in a Stablecoin World

The Genius Act could fuel the growth of various regional stablecoins (USD, EUR, JPY-backed), increasing the demand for interoperability. That’s where XRP shines:

• Currency-agnostic

• Decentralized

• Fast and scalable

• Already in production across real-world payment corridors

Final Thoughts: XRP Isn’t Getting Replaced—It’s Becoming More Essential

Rather than making XRP irrelevant, the Genius Act makes XRP more crucial. It doesn’t compete with stablecoins—it complements them.

• Stablecoins are for storing and moving fiat within ecosystems.

• XRP is for connecting ecosystems globally.

As the digital finance landscape evolves, expect XRP to play a pivotal role in linking the world’s stablecoin-driven economies.