US Senate Passes Stablecoin Bill—Did They Just Give XRP a Backhanded Promotion?

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Some days in crypto, the madness is so overwhelming that even the coins would snap if they had fingers. Picture this: amidst the usual screeching chaos and a background chorus of blockchain evangelists, the US Senate just waltzed in and passed the Genius Act. Stablecoins now have their own special rulebook, possibly written in crayon, with a hearty 68-30 vote. Next stop: the House (and no, not the TV show), then President Trump’s waiting desk, where pens tremble in anticipation.

This parade of legislation could turn the US stablecoin market from the Wild West into…well, at least less wild. Now companies like Circle’s USDC and assorted digital-dollar cousins might actually get some grown-up supervision. Cue the fanfare from crypto Twitter as everyone (simultaneously) celebrates, panics, and overuses the 🚀 emoji. Yet, somewhere in the midst of this festival of regulation, a question pops up like a blockchain-themed whack-a-mole: Does this make XRP as obsolete as a pager in the age of smartphones?

See, worry-heads are convinced that regulated, zippy stablecoins, armed with Uncle Sam’s blessing, could leave XRP feeling like a third wheel on a date between dollars and blockchains. But—plot twist!—one expert reckons this is all splendid news for XRP. Banks and businesses, given new ways to shunt money hither and yon, will still need a bridge asset for those cranky corners of the globe where trust is in short supply, and international settlements are less “seamless” and more “ancient trade route.”

People think stablecoins reduce XRP’s need. Wrong. $27T in Nostro/Vostro accounts could grow to $50T+ because banks won’t trust competitors’ coins. XRP becomes the neutral bridge. 🚧

— Jake Claver, QFOP (@beyond_broke) June 17, 2025

Right now, there’s about $27 trillion gathering dust in Nostro/Vostro accounts—international banking’s answer to leaving cash in your sock drawer for decades, just in case you fancy a new pair of socks. Our friendly expert even thinks this pile could balloon past $50 trillion, since banks trusting each other’s coins is only slightly more likely than synchronized flying pigs. And that, dear reader, is where XRP struts onto stage, tuxedo pressed and ready for business.

XRP: The Switzerland of Crypto Bridges

So here’s the comic twist: XRP doesn’t get replaced, it gets promoted! As a marvelously neutral, decentralized bridge, XRP’s job is to help institutions shift boatloads of value between cranky payment systems—minus the need to trust anyone else’s branded stablecoin (because, you know, “trust” and “bank” go together like porridge and chainsaws).

A recent shoutout from the Britto community (named for the XRPL’s co-creator Arthur Britto, an elusive creature rumored to be part developer, part wizard) reminded everyone that thinking stablecoins will make XRP redundant is a bit like thinking a wheelbarrow and a racecar both do “transport,” so one replaces the other.

Stablecoins Are Piggy Banks, XRP Is a Rocket Ship 🚀

Here’s the punchline: stablecoins try to freeze value like USD or EUR in digital amber. They’re really just digital piggy banks, hoping not to get knocked off the shelf. Trying to move money from Japan to Mexico using only stablecoins? That’s an international game of Twister that ends with everyone tied up in knots, desperately wishing for pre-funded accounts and a glass of water. Enter XRP—suddenly, the transfer is instant, no sock-drawer balances needed.

With its lightning-fast, decentralized liquidity, XRP remains the actual muscle behind global money mobility, while stablecoins—lovely as they are, and newly pampered by regulators—still cling to their highly-centralized, occasionally neurotic nature. So, yes, stablecoins may catch the headlines, but XRP smuggles the plot backstage and steals the show at the afterparty. End scene. Curtain drops. Chicken dances. 🐔

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2025-06-18 07:59