CandleFocus Ripple Insider Reveals How RLUSD Will Boost XRP
2024-10-01
Author: Content Editor
A former Ripple employee has stated that Ripple's upcoming stablecoin, RLUSD, will benefit XRP rather than harm it. The former employee, who was part of the team that developed Ripple's On-Demand Liquidity (ODL) product, believes that RLUSD will be paired with XRP, increasing liquidity and stabilizing the stablecoin. They also emphasized that RLUSD will unlock new opportunities in forex and other financial sectors. Reputable figures in the XRP community, including Ripple's CEO and CTO, have reiterated that RLUSD will complement the XRP ecosystem and enhance its use cases. Members of the XRP community have expressed agreement with the former employee's comments, stating that RLUSD is a net benefit for the XRP Ledger.
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