{"id":37607,"date":"2025-07-18T09:16:37","date_gmt":"2025-07-18T09:16:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37607"},"modified":"2025-07-18T09:16:37","modified_gmt":"2025-07-18T09:16:37","slug":"ripple-ceo-hails-genius-act-as-transformational-legislation-compares-it-to-dodd-frank-act-this-moment-is-a-historic-one","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37607","title":{"rendered":"Ripple CEO Hails GENIUS Act As &#8216;Transformational Legislation,&#8217; Compares It To Dodd-Frank Act: &#8216;This Moment Is A Historic One&#8217;"},"content":{"rendered":"<div>\n<p><strong>Brad Garlinghouse<\/strong>, CEO of <strong>Ripple <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>) Labs, has hailed the passage of the GENIUS Act as a \u201ctransformational legislation\u201d that marks a historic turning point for the U.S. financial sector, drawing parallels to the Dodd-Frank Act of 2010.<\/p>\n<p><strong>What Happened: <\/strong>In a post on X, Garlinghouse celebrated the bill&#8217;s 308-122 House approval, noting it ends a 15-year gap since the last major financial regulation, positioning the U.S. as a leader in innovative financial technology, particularly stablecoins.<\/p>\n<p>The Guiding and Establishing National Innovation for U.S. Stablecoins or GENIUS Act, set for signing by President Donald Trump on Friday afternoon at the White House, establishes a regulatory framework for stablecoins\u2014cryptocurrencies pegged to assets like the U.S. dollar.<\/p>\n<p>Garlinghouse, whose company&#8217;s XRP Ledger underpins the XRP cryptocurrency, recently hit a new all-time high of $$3.84, sees this as a boon for Ripple&#8217;s RLUSD stablecoin.<\/p>\n<p>He thanked bipartisan leaders, including Rep. French Hill and Speaker Johnson, for their support, reflecting the bill&#8217;s unexpected cross-party backing.<\/p>\n<p>Garlinghouse&#8217;s comparison to Dodd-Frank, enacted post-2008 financial crisis, underscores the GENIUS &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/07\/46487109\/ripple-ceo-hails-genius-act-as-transformational-legislation-compares-it-to-dodd-frank-act-t\" alt=\"Ripple\" ceo hails genius act as legislation compares it to dodd-frank act: moment is a historic one>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brad Garlinghouse, CEO of Ripple (CRYPTO: XRP) Labs, has hailed the passage of the GENIUS Act as a \u201ctransformational legislation\u201d that marks a historic turning point for the U.S. financial sector, drawing parallels to the Dodd-Frank Act of 2010. What Happened: In a post on X, Garlinghouse celebrated the bill&#8217;s 308-122 House approval, noting it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37607","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37607"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37607\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}