Ripple is optimistic about a potential boost to its XRP cryptocurrency thanks to new US legislation. Senator Bill Hagerty’s GENIUS bill, expected to be approved next week, could significantly benefit Ripple and its RLUSD stablecoin. The bill aims to level the playing field for domestic businesses in the global stablecoin market. This move may propel RLUSD’s growth and potentially increase XRP’s value. Analysts suggest that if RLUSD achieves a market valuation similar to half of Tether’s current market capitalization, a significant surge could occur in the XRP price. The new regulations are anticipated to attract more users to Ripple through RLUSD, boosting liquidity and stability within its ecosystem.