together Genius Law is now officially passed.PRO-XRP lawyer John DEATON has published a new report that analyzes any blockchain projects to get the most of the blockchain projects, including Ripple and Ethereum. While doing RIPPLE's Stablecoin, RLUSDAnd Circle's USDC is emphasized as a potential beneficiary of this groundbreaking law, which is expected to be the biggest winner of Ethereum.
Genius behavior prefers Ether Leeum over Ripple
Recently released name On July 3rd, DEATON placed weight on the recently signed genius law. Ripple and Circle have attracted a lot of attention as those who are likely to be a leader in accordance with the law, but Professional Crypto lawyers claim: Ether Leeum is going to receive the greatest benefit. In the new regulatory framework compared to other block chains.
The genius law, which means the government's encouragement of national innovation and the improvement of new companies, Regulation clarity for digital assets and stability Operation in the US market. This new law is widely known The turning point of the encryption project And the historical moment of the industry.
DEATON is recently introduced stablecoin, RLUSD and Circle, the publisher of USDCIt will benefit from the regulatory clarity established by the genius law. But he stressed that Ether Lee is in a more original position to take advantage of legislative provisions due to its deep relationship with long infrastructure and Stablecoins.
His view is like an influential Ether Leeum advocate AK_ETHERMACHINEJoseph Lubin, co -founder of Fundstrat and Ether Leeum American encryption ecosystem. DEATON pointed out that the propulsion of Ethereum compatible initiatives, including the discussions of Padro Ardoino and Tether. UDST Stablecoin. This development suggests a wide range of industrial pivot toward encryption regulations and innovation within the US border. The basic role of Ether Lee, who supplies power to Stablecoin.
DEATON's remarks, in particular, arise when it is a decisive factor in determining which blockchain network and cryptocurrency thrive in a market where clear regulations evolve. Ripple has long been regulated transparency, especially Constant legal battle with the United StatesEther Leeum's flexible and developer -friendly networks can provide more expansion methods that meet the US -centered compliance standards.
Ether Leeum and XRP prices are slides despite policy momentum.
Despite the new optimism Positive emotions promoted by genius lawThe price of Ether Leeum and XRP has been repaid. According to CoinmarketCap's data, ETH's price has soared more than 40% last month. But last week alone, Alt Coin Fell It is almost 9%and is currently trading at $ 3,548.
There is also XRP I experienced the fullback After a rally more than $ 3. While last month, 34.8% increased, cryptocurrency increased 8.33% this week. Now, XRP is having a hard time breaking through the previous level of support, so we are doing time between $ 2.8 and $ 3.
Getty images' main images, TradingView.com charts
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor's team. This process ensures the integrity, relevance and value of the reader's content.
