XRP price has jumped over 6% following the advancement of the GENIUS ACT in the House. This act aims to offer legal certainty to stablecoin issuers like Ripple and position its RLUSD stablecoin for regulated rollout.
This report of the GENIUS Act clearing the Senate and signing into law was announced on the 18th by the White House.
The bill will reduce regulatory restraints and SEC overhang, boosting confidence in Ripple’s infrastructure. And could push the US crypto market to $2 trillion by 2028.
Why XRP News Is Turning Bullish
Ripple’s RLUSD stablecoin aligns perfectly with GENIUS Act guidelines: a 100% reserve backing, mandatory audits, and licensed issuance.
As RLUSD gets infused fully into the Ripple blockchain and ecosystem, XRP news has confirmed that XRP price could benefit from increased usage in FX swaps, settlement rails, and institutional flows.
Ripple has positioned RLUSD for 100% compliance, with BNY Mellon as custodian and plans for a Fed master account.
With all of the XRP news bullish, analysts predict XRP price could test $4–$5 if the structured regulatory backdrop leads to renewed institutional adoption and ETF speculation toward year-end.
While XRP price prediction looks bullish, investors believe this newly launched PayFi solution, Remittix will unseat XRP as the leading token payment.
Remittix: The New PayFi Rival in Crypto Payments Industry
While Ripple (XRP) is an established player in the payment utility industry, Remittix (RTX) is set to compete as a next-generation PayFi protocol with broader reach, users and merchant appeal.
Remittix facilitates crypto-to-fiat transfers to bank accounts in 30+ countries, across 40+ cryptocurrencies. Seamless transactions have no charges, settlement, staking, or KYC and FX conversion problems.
Market experts position RTX as more accessible and compliant than XRP, particularly at its current trading below 10 cents. RTX offers investors a rare low entry opportunity before a possible 100x – 1000x.
Remittix Highlights:
- Smart contract is CertiK-audited, liquidity and team tokens locked for three years
- Supports over 40 cryptocurrencies across different countries and 30+ fiat currencies across the globe.
- A wallet app in the beta stage will launch in Q3 with real-time FX and a mobile-first design
- 50% bonus tokens and a $250,000 giveaway are now live for early buyers.
- Unlike XRP, with a large market cap, Remittix (RTX) is still early with enormous potential, especially for early RTX holders
- User-centric tokenomics built for long-term adoption and sustainability.
While XRP’s compliance alignment with the GENIUS Act gives it an edge, its market cap limits its growth potential.
Invest in Remittix today!
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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