GENIUS Act and cycles cost. Legal question

General DFINITY
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Cycles cost is pegged to the XDR. XDR (Special Drawing Right, is a unit of account defined and maintained by the International Monetary Fund) is not a currency but an account unit calculated as a mix of currencies including USD (and could be gold after Basel III adoption). More on wikipedia: Special drawing rights - Wikipedia

If XDR is a derivative of USD is it regulated by GENIUS act? And will it mean that Dfinity will need to land at USA and will be regulated by USA laws?

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Ser the Icp to cycles conversion is not based in the imf or bis sdrs.

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Realy?
Here is dfinity docs:

https://internetcomputer.org/docs/building-apps/getting-started/tokens-and-cycles

  1. Cycles are used to pay for resource and service consumption, comparable to gas on Ethereum. The price of cycles is pegged to XDR, a group of fiat currencies, where 1 trillion (T) cycles equals 1 XDR (1 XDR is around 1.3 USD as of early 2025).
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