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The price of XRP is looking to recover as the new stablecoin rules favor the CLARITY law for RLUSD over USDC. The digital currency is trying to stabilize after dropping to $1.31 on Saturday amid broad market losses. XRP has remained under pressure since reaching a peak near $2.40 in January. The proposed stablecoin framework could shift investor focus and alter competition in this sector.
Recent trading activity shows XRP stabilizing near a key technical support level as investors monitor economic and regulatory developments.