New U.S. stablecoin legislation is driving a significant increase in stablecoin issuance from banks, asset managers, and tech companies. Industry experts, including Chainlink co-founder Sergey Nazarov, say clearer regulatory guidelines are encouraging more players to enter the market. Chainlink is noted for providing essential data, interoperability, and compliance tools that support the large-scale creation of stablecoins. This legislative push is seen as a key factor fueling growth and innovation in the U.S. stablecoin sector.
After passing the final House vote on Thursday, the GENIUS Act was enacted into law by President Donald Trump on Friday, July 18. The signing into law of the Genius Act was witnessed at the White House by top crypto leaders, including Tether (USDT) CEO Paolo Ardoino and Coinbase Global Inc. (NASDAQ: COIN) CEO Brian Armstrong.
The landmark crypto legislation will foster the development and adoption of stablecoins in the United States and globally. According to President Trump, during the signing ceremony, the GENIUS Act is a major milestone for the financial industry.
“This could be perhaps the greatest revolution in financial technology since the birth of the internet itself. A lot of people are saying that,” Trump said. “What do you guys think? If you say yes, I’m saying yes.”
What’s Next for Crypto Under the GENIUS Act
The GENIUS Act was created to regulate the stablecoin market, which has grown to more than $264 billion in net valuation at the time of this writing. The clear regulatory framework for the stablecoin market will help attract more institutional investors into blockchain technology and the wider crypto space.
“This clear direction from Congress also should serve as a catalyst for the SEC to provide guidance on how SEC registrants can use—and accommodate their customers’ use of—payment stablecoins. I invite investors and market participants regulated by the SEC to engage with the Crypto Task Force on what the Commission needs to do, in light of the GENIUS Act,” SEC Commissioner Hester Peirce, noted.
The mainstream adoption of crypto assets, through the stablecoin market, will play a crucial role in the ongoing bull rally. Furthermore, the stablecoin market is a major source of liquidity in the crypto space.
The post President Donald Trump Officially Signs The GENIUS Act Into Law: What’s Next for Crypto? appeared first on Coinpedia Fintech News
After passing the final House vote on Thursday, the GENIUS Act was enacted into law by President Donald Trump on Friday, July 18. The signing into law of the Genius Act was witnessed at the White House by top crypto leaders, including Tether (USDT) CEO Paolo Ardoino and Coinbase Global Inc. (NASDAQ: COIN) CEO Brian …
Ripple has released one billion XRP from escrow in a move that has triggered discussions across the cryptocurrency market. This development comes after a noticeable shift in the company’s typical XRP release pattern, which has been consistent since 2017.
Ripple Unlocks 1 Billion XRP in Three Large Transactions
According to the blockchain data service Whale Alert, Ripple unlocked one billion XRP in three separate transactions on May 3, 2025.The transaction amounted to 500 million, 300 million, and 200 million XRP.According to XRP’s trading price at the time, these transfers amounted to more than $2.2 billion.
Source: WhaleAlert
The release came two days later than the usual monthly schedule. Historically, Ripple has unlocked one billion XRP on the first day of each month. Whale Alert shared the details of each transaction through its social media platform, confirming that the movements originated from Ripple’s escrow wallet.
Ripple started its monthly escrow routine in 2017. This system was designed by the company, to guarantee a constant and predictable supply of XRP, in order to facilitate market liquidity. Originally Ripple was going to put 55 billion XRP into escrow with one billion released each month for 55 months.
Changes to the XRP Release Strategy
This month’s release occurred after Ripple locked 700 million XRP into escrow on May 2. This is the third consecutive month Ripple has made such a move before its standard release. A similar sequence happened in April and March, which may suggest a shift in strategy.
Traditionally, around 700 million XRP gets relocked after every release, and we are seeing no change in that pattern. However, a new detail in this case is that the lock is executed before the release, not after. As a result, Ripple’s current approach to managing liquidity and the XRP distribution have become a matter of question.
However, Ripple has yet to issue an official statement to explain the reason for changing the timing. Meanwhile, some market participants speculate that this new pattern may be a result of recent market dynamics, or internal policy changes. The company, however, has not confirmed any of this at this point.
XRP Price Performance Amid Ripple Unlock
As of early May, XRP price is trading between $1.96 and $2.50. Analysts have noted that the asset is currently undergoing a consolidation phase. According to chart readers, XRP price has been holding above key support zones, including the 0.5 Fibonacci retracement and historical resistance at around $1.80.
Crypto analysts Casitrades has shared her technical outlook. She stated, “We’re seeing a possible back-test of the $2.25 level, and a move to $1.90 remains in play.” According to the analyst, the current RSI shows exhaustion, suggesting a potential short-term dip before a bounce higher.”
While the overall sentiment remains neutral in the short term, several long-term traders continue to watch the $2.25 resistance closely. If XRP can hold above that level, higher price targets such as $2.68 and $3.00 remain on their radar.
XRP price is gaining momentum following Ripple’s SEC settlement, with bullish technical indicators pointing to a potential upward breakout.
Ripple Settles With SEC as Both Parties Agree to Pause Appeals
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have jointly agreed to pause their long-running legal appeal, marking a critical turn in the nearly four-year standoff.
According to newly unsealed court documents dated April 16 and shared by defense attorney James K. Filan, Circuit Judge José A. Cabranes granted the motion to temporarily suspend the appeal process.
The SEC is now mandated to file a status update within 60 days, effectively pressing pause on the courtroom drama.
The temporary suspension follows Ripple’s decision to pay a $50 million settlement, signaling a firm move toward regulatory closure. With this legal overhang potentially fading, XRP is poised for renewed institutional interest and broader integration into Ripple’s growing payment infrastructure.
XRP Price Forecast: Eyeing a Recovery Toward $2.25
XRP price forecast leans moderately bullish as the digital asset hovers near $2.08, with technical indicators hinting at a potential breakout. The Donchian Channel signals compression between support at $1.61 and resistance at $2.25, indicating a consolidation phase that often precedes directional moves.
Notably, Ripple price has recently closed above the midline of the Donchian Channel, suggesting growing buyer interest.
XRP price forecast
Momentum supports this narrative. The MACD histogram has flipped green with increasing bars, while the MACD line has crossed above the signal line, signaling a shift in short-term momentum toward the bulls. This crossover near the zero line often precedes more significant rallies, especially after prolonged bearish phases.
However, downside risks remain if XRP falls below the midline at $1.93. That would expose the lower bound of $1.61. A sustained close above $2.25 could confirm bullish continuation toward $2.40, marking a technical breakout with higher conviction. Until then, XRP trades in a tightening range with bullish bias.