CandleFocus Will Ripple’s RLUSD Stablecoin Succeed Where AUDD Failed?
2024-09-30
Author: Content Editor
Ripple's announcement of their RLUSD stablecoin has generated debate within the crypto community due to the challenges faced by Novatti Payments' AUDD stablecoin. AUDD had issues with liquidity on the XRP Ledger (XRPL), causing concerns about whether RLUSD will encounter similar problems. The lack of liquidity for AUDD on XRPL was attributed to the absence of active integrations from market-making partners. This led to stagnant trading and forced buyers to use other platforms to acquire AUDD. Some speculate that RLUSD may debut on Ethereum instead of XRPL due to these challenges. Ripple's focus on sidechain development and smart contracts has raised questions about their commitment to preparing XRPL for RLUSD's launch. The uncertainty surrounding RLUSD on XRPL has prompted broader questions about Ripple's strategy and their reliance on XRP sales for revenue. Some believe that Ripple's interest in Ethereum may be temporary and driven by short-term revenue goals. Critics question whether Ripple has successfully diversified their income through other business ventures.
Related News
Stalled Crypto Bill FIT21 Could Become Law by Christmas, Says Rep. Tom Emmer Bitcoin faces near-term uncertainty despite strong September gains Bitcoin May Peak Around $200,000 In Next 18 Months: CleanSpark CEO Tells Why Bitcoin's price surge draws interest from 'nocoiners' but ownership stagnant – Fed survey Why Tornado Cash Co-Founder Roman Storm’s Free Speech Defense Was Rejected in Court Bitcoin Supply in Profit Remains Strong, Indicating Potential Bull Cycle Ahead Global liquidity surge points to an epic bull run on the horizon Ohio to consider accepting crypto for tax payments and fees Top Cheap Cryptos Poised to Explode in 2024: Get Ahead of the Trend Bitcoin miner CleanSpark restores 200MW in the wake of Hurricane Helene BTC options activity is heating up as Uptober and US election nears Tons of options: 5 crypto wallets that support TON blockchain Ethereum gas fees rose 498% in two weeks as network activity surged — Report Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts Will Pepe Coin Price Rally to $0.000015 In October? Jerome Powell Optimistic On Cooling US Inflation, Bitcoin Rally Imminent? XRP Price Hits Strongest Weekly Close: What to Expect? Bitcoin and Equities Defy September Slump with Strong Q3 Performance Epic Games files lawsuit against Google and Samsung over app store restrictions Crypto Voters Could Determine Who Wins US Election, Here's How Ripple SEC Case: Ex-SEC Sees Agency's Advantage In XRP Lawsuit Appeal Tron (TRX) Could Lose Its Top 10 Coin Status for Cardano Soon Fed Official Eyes Another 50 Bps Cut Post US Job Data, BTC To $70K? Altcoins Correction Looms Post Q4 Rally, Analyst Warns Of 2020-Like Pullback Will Sui Price Trigger Sell-Off After $112 Million Token Unlock? Should You Invest in Filecoin (FIL)? Charts, Stats, Analysis for 2024 - Bitcoin Market Journal WazirX Founder Sets Creditor Committee for Hack Resolution Two Analysts Claim Bitcoin Price Could Break Record This Week – Here are the Details These Metrics Show That Dogecoin (DOGE) Could Be Losing Its Momentum Arbitrum breaks 1B transaction threshold, nearly 20% of traffic is DeFi activity Whales Buy 100M FET in 3 Days: Can Price Break $2 After 35% Surge? SEC’s Mango settlement reiterates its case that SOL is a security X Empire Features on NYC Times Square as Mining Ends Today! XRP Tests the $0.66 Barrier; Is a Rally or Correction Next? What is the Reason for Today’s Decline in Bitcoin? Here is the Answer and the Latest Situation ETH Holder Confidence Intact Despite $10 Million Ethereum Foundation Sell-Off 4 times key players in crypto were accused of insider trading Crypto liquidations hit $200m amid Bitcoin dip DOG’s 62% Price Surge Fuels Calls for Binance Listing from Ordinals Advocate The Q4 outlook Anticipated Moment is Near: Here’s the Time of the Billion Dollar Airdrop and the Latest on the Altcoin’s Launch Binance granted full Digital Asset Trading License in Kazakhstan Merlin Chain Partners with UXUY to Enhance DeFi Accessibility on Telegram Record $75B Flows into China’s OTC Crypto Market as Stocks and Property Decline: Bloomberg Players Eye Lawsuits as Analysts Label Hamster Kombat a 'Time Ponzi Scheme' Kasikornbank launches first licensed Thai digital asset custodian Will Shiba Inu Price Repeat Its Historical Triple-Digit Surge This October? FTX сreditors reveal compensation details: What’s wrong with it? Founding Coin Center Chief Jerry Brito Stepping Down After Decade Paxos Gold's $500 million milestone highlights increasing TradFi interest in gold-backed crypto Coinbase to add proof of reserves to Bitcoin wrapper cbBTC Polymarket bettors set to lose Eigen airdrop wager by one minute over time zone technicality Debunking the 'Binance manipulator' theory: 3 reasons why the allegation falls short X Empire Sells a Soaring 83K NFTs; Will X Empire Airdrop Be a Success? USDA Stablecoin Enhanced by Anzens and BitGo Collaboration Bitcoin price falls as global recession and AI bubble fears send investors scrambling Pump.fun is riding high again thanks to Moo Deng Bitcoin's historic 'Uptober' trend faces challenges amid high futures interest, cooling spot buys Building Trust: COTI’s Mission for Privacy and Security as an Ethereum Layer 2 Chain Binance Unveils Pre-Market Spot Trading for Crypto Investors Ripple News: Can the Court Dismiss the SEC’s Potential Appeal and Will the SEC Lose the $125 Million Fine? Meme Cryptos BONK, WIF, POPCAT Best Performers in Top 100 Bitcoin price decline comes amid futures market 'long squeeze': CryptoQuant Bitcoin exchange flow multiple nears yearly low, signs of ‘upward trend’ Market Euphoria Could Prompt 15% Downturn in Dogwifhat (WIF) Price BREAKING: Cryptocurrency Exchange Coinbase Announces It Will List a New Altcoin This Is Why Bitcoin (BTC) May Reach $73,000 In October Solana’s SOL/BTC pair flashes bullish — Are new highs in store? Is Another 50 Basis Point Cut Coming From The FED? Bostic Made a Statement Hot Moments: FED Chair Jerome Powell Speaks – Here’s the LIVE Updates Dogwifhat Price Eyes 100% As Bullish Signals Prevail: Is The Peak Near? Magic Eden Wallet to simulate ME airdrop in October Toncoin nears a dreaded pattern despite strong on-chain metrics Is Ethereum Price Primed for $10K Rally in the Next Bull Cycle? Top ETF Expert Reveals Real Reason Why Vanguard Will Not Touch Bitcoin Crypto legislation unlikely to gain traction before the end of the year: TD Cowen Bitcoin Retail Activity Remains Low Despite Recent Rally Here's the Solana Price If It Captures Total Ethereum Market Cap Bitcoin’s window to reach $100K by end of Q4 'looks very tight' Cardano Price Faces 17% Drop Ahead of Hoskinson's Roadmap Reveal Ohio senator introduces bill to legalize Bitcoin, crypto payments for state taxes, fees Why Is Bitcoin Facing a Price Fall? PEPE, WIF, and ADA Break Out Despite Bitcoin’s Dip Below $65K Trump-backed World Liberty Financial opens up KYC verification on website Altcoin Winners and Losers in Latest Bull Run: A Comparative Analysis BNB Price at Risk of 15% Drop? On-Chain Data Flashes Bearish Signal Market Crash Coming? Whale Dumps $60 Million in Crypto Convictions for crime related to crypto total 272 years in jail over past decade Japanese Yen Depreciation Drives Japan Company to Purchase Bitcoin, Ethereum, and Solana Ethena (ENA) Price Rises 11% as Ethereal DEX Integration Plan Fuels Bullish Momentum Onyx to shutdown Ethereum-based lending market, relaunch Onyx Core Australian lender ANZ partners with Chainlink to explore RWA tokenization World Record Egg’s two crypto tokens smell kind of bad Swiss nonprofit BIO Association to launch BIO tokens for decentralized biotech network Lisk Partners with Biconomy to Enhance Account Abstraction and Smart Accounts Why is ETH Stalling Behind the Crypto Market? (Ethereum Price Analysis) UK-based scammer stole $650k in 12 months Ripple Price Analysis: XRP Skyrockets 10% in 2 Days but is the Rally Over? Robinhood Has No 'Imminent Plans' For a Stablecoin, Says VP XRP's Fate in 'Uptober' Might Stun Crypto Market Bulls The MicroStrategy effect: Rate of corporate bitcoin buys accelerates XRP at $100: Community Goes Crazy in X Poll $100 Million SUI Token Unlock May Trigger Hotter-Than-Expected Rally FED's Continuation of Interest Rate Cuts Will Benefit Ethereum (ETH) More! Here's Why! Ripple Director Confirms 50% of Ripple’s Digital Asset Payment Flows Go Through Singapore, Not U.S. Bitcoin Price Analysis: BTC Tumbles to $64K as Bears Look to Reappear Cardano and Solana Set to Witness Large Token Unlocks in October Top 3 altcoins to turn $100 into $1,000 in October Former Coinbase employee accused of ‘stealing’ code for PearAI BTC, ETH and XRP Price Prediction for September 30 Solana DEX Volume Skyrockets by 45%, Leaving Ethereum in Dust $213 Million Bitcoin (BTC) Dump Stuns Largest US Crypto Exchange EigenLayer Tokens to Be Released in Coming Hours, Futures Trade at Fully Diluted $6.8B Shiba Inu Price Retreats with Holders Unimpressed by ‘Shib The Metaverse’ XDC Network on the Brink of Transformative XDC 2.0 Mainnet Launch Hamster Kombat down 59% after airdrop Digital-Asset Manager Kin Launches $100M Tokenized Real Estate Fund on Chintai Network Memecoin Launchpad GraFun Crosses $250M in Volume on BNB Chain Release Trump Inches Closer to Harris on Polymarket as Betting Passes $1 Billion Banking Platform OpenPayd Hires Two Senior Execs From Crypto Prime Broker FalconX SHIB Burns Suddenly Jump 320%, Will Price React? Valour debuts physically-backed Ethereum staking ETP on LSE Bitcoin Bull Michael Saylor Flexes 1,325% Gain in Viral 'Hodl On' Post Bittensor rose 108% in September while analysts see more gains What to Expect from Cardano (ADA) in October 2024 Advances in Zero-Knowledge Technology Are Enabling ZKPs to Realize Their Full Potential DOGE and SHIB Price Prediction for September 30 Coinbase Challenges SEC: Judges Question the Regulator's Crypto Rulemaking Denial IOTA News: Dominik Schiener Talks Web3, IOTA 2.0, and Real-World Asset Projects Bitcoin price could jump by 210%: mining executive predicts Can Ethereum Reverse its Course After Recent Price Decline? XRP Rockets 800% in Fund Flows as XRP Price Goes Parabolic Man Pleads Guilty to Illegally Operating Crypto ATM Network in the UK 15.49 Million TON Surge in Single Day – What's Happening? Cardano (ADA) Nears Historic 100 Million Transactions Milestone: Details Bitcoin Tumbles Back Below $64K as Surprise Japan Prime Minister Choice Triggers 5% Plunge in Nikkei Analyst Sees XRP at $9.96 as XRP Open Interest Surges To $1.04B Publicly-listed companies keep adding bitcoin to their balance sheets Shiba Inu Token Eyes Delisting From Major Exchange: What's Happening? XRP News: Can It Reach $1? Whale Accumulation and $16.76M at Risk Here’s Why Bitcoin Gained Over 20% in 3 Weeks: But Can it Go Higher? DOGS Token Price Tanks 36% in 30 Days Despite Broader Crypto Rally Weekly Cryptocurrency Market Analysis: Altcoins Recover But Face Hurdles At Higher Price Levels Ethereum Technical Analysis: ETH Price Consolidates Amid Market Uncertainty NEAR Protocol on Track for a 45% Rally in October SOL and TON Price Prediction for September 30 Vitalik Buterin Sold, Whales Bought! Whale with 100% Profitability Bought a Large Amount of Ethereum (ETH)! Crypto Poll: U.S. Voters More Serious About Demanding Candidates With Know-How Binance Whales Pushing Bitcoin Down: Details SUI Recovery Targets $3 Price as TVL Crosses $1B PEPE’s Fail to Break $0.000011 Resistance Could Trigger 22% Drop Hong Kong’s ZA Bank becomes first virtual bank to get SFC license Shiba Inu's L2 Shibarium Breaks Crucial Milestone Will XRP Price Hit $100K or Even $1M? Here’s What a Developer Says Bitcoin Technical Analysis: Bearish Momentum Meets Critical Support TrustToken and TrueCoin SEC settlement admits no fault or denial in TUSD case Shiba Inu Team Shares Big Update On 'Shib The Metaverse' Launch Will Toncoin Hit New ATH Amid Airdrop Mania? Why Solana is Better Than Most Popular Blockchains Will Ripple’s RLUSD Stablecoin Succeed Where AUDD Failed? Shiba Inu Could Register Triple-Digit Gains Next Month: Here’s Why Axie Infinity and Chainlink Join Forces to Deliver Real-Time Access to AXS Data 'Overbought' Bitcoin Drops Below $64K as ISM Manufacturing Data Looms: 10x Research Coinbase users flag withdrawal issues, precaution or panic? Binance Announces Second Listing! Binance Announces Listing of a New Altcoin on Futures, Sudden Jump in Price! Quant (QNT) price targets 7% drop after crucial support breakdown The future of crypto security: Trustless MPC is the next big thing | Opinion Ripple Partners with India on Oil, Opening Up a $500 Trillion Market for XRP Ethereum (ETH) Price is Decreasing: What's Ahead? Can Bittensor Price Hit $640 This October With Current Trends? SUI gains 115% in September backed by ecosystem growth 3 Upcoming Telegram Airdrops to Watch in October Bitcoin Exchange OKX Announces It Has Delisted Numerous Altcoin Trading Pairs! Binance will facilitate users swapping ORN to LUMIA this October Crypto Exchange Bithumb Weighs U.S. Nasdaq Listing: Report XRP Community Outraged as Ripple USD (RLUSD) Faces Freeze on XRPL Crypto Investor Turns $1,331 into $9.5M in Only 16 Days What Should Investors Expect from Solana (SOL) in October 2024 Dogecoin Price as Whales Buy 1.5B DOGE after Musk & Trump's Tweet Japan’s FSA to reclassify crypto in upcoming rule review: report LUNC Price Eyes 40% Extended Gains Ahead of Binance Burn Shiba Inu: Elliott Wave Analyst Expects Complex Structure to Push Shib to $0.0002 Hamster Kombat Token Crashes 39%: What Happened to HMSTR? Will XRP Bull Run Reach $0.91 Amid Triangle Breakout? Here’s how Cathie Wood’s ARKK performed in 2024 bull market FET Eyes $2 After Crypto Whales Scoop 100 Million Tokens in 3 Days Key Reason Why Bitcoin Might Have Massive Q4 Here's Why Bitcoin, ETH, BNB, SHIB Prices Falling Sharply XRP community bets on price surge with bullish sentiment at 86% Discover Why SUI Hit $1B TVL & SEI Exploded: Altcoin Analysis Crypto Prices On September 30: BTC Slips To $64K, FTT Surges Over 60% DOGE Fan Elon Musk Confirms Intention to Become World's First Trillionaire, Here's Nuance Economist Alex Krüger Says Solana (SOL) Flipping Ethereum (ETH) ‘Very Feasible’ – Here’s Why Shiba Inu Goes Stronger and Safer with Zama’s Cutting-Edge Encryption New all-time high in 'Uptober?' 5 Things to know in Bitcoin this week ? Key Blockchain Events to Watch This Week Ripple (XRP) Defies Market Trends: Will XRP Price Rally Last? Bitcoin Set for a Major Drop! Top Analyst Predicts The Beginning of Altcoin Season Crypto Market Braces For US Job Data Amid 'Uptober' Rally Anticipation California Governor Newsom Vetoes AI Safety Bill that Divided Silicon Valley Hal Finney’s Wallet Transfers 10 BTC to Kraken, Totals 46 BTC This Month Taiwan’s financial watchdog greenlights foreign crypto ETFs for pro investors No, FTX creditors will not receive $16 billion today Bitcoin maximalist paradox: BTC adoption threatening founding principles CoinShares Report: Digital Asset Investment Products See $1.228 Billion in Weekly Inflows Critical Wait in Bitcoin! FED Chairman Jerome Powell Will Speak Today! What Are the Expectations? Kakao Executive Sues Blockchain Arm GroundX for $7.6M Crypto Wallet Hack Survey finds 20% of Russians engaged with crypto Zilliqa blockchain malfunctions again; ‘permanent fix’ underway Crypto Markets Shed $60 Billion Overnight as Bitcoin Price Drops Toward $64K (Market Watch) South Korea NPS: MicroStrategy not Virtual Assets Investment Web3 Tokens See Strong Weekly Trading Volume with $LINK, $DOT, and $ENS in Lead Experts Predict XRP Price by Christmas, Say Big Things Happening to XRP Soon Bitcoin Options Were Highly Anticipated, They’re Approved – So Why Aren’t They Out Yet? Here’s the Answer Bitcoin Bulls Ignore the Drop! Analyst: "If This Level Is Broken, BTC Will Go to $100K Quickly!" Dogecoin Creator Reacts to DOGE 20% Weekly Surge Binance Launches a New Mining Program with Rewards in LTC and Dogecoin (DOGE)! Vitalik Suspected Wallet Triggers Speculation Amid $2M Transfer Analyst That Nailed 2022 Crypto Collapse Unveils Bullish Path Ahead for Bitcoin and Altcoins Top Economist Says XRP Has Not Yet Broken 6-Year Long Symmetrical Triangle XRP Makes Its Biggest Move Since 2020, Gears to Climb By 200% Bitcoin’s Bearish September May Be Its Best Since 2013 Ahead of Bullish October Analyst Predicts XRP Surge vs. BTC, Eyeing XRP Above $6 POPCAT leads the market with 6% surge in 24 hours Toncoin Price Rise Beyond $6 Delayed, But Not Stopped Pro-XRP Expert Addresses Rumors Surrounding Ripple Stablecoin Is MicroStrategy stock (MSTR) a better investment than Bitcoin after delivering 36x returns? Prominent Analyst Says “Cup and Handle” Model Formed for Bitcoin, Gives Mind-Boggling Long-Term Target China's Former Minister of Finance Calls Crypto a 'Crucial Aspect' of Digital Economy Bitcoin, ether weaken ahead of Powell’s speech, non-farm payroll data this week XRP Scores Highest Weekly Close of 2024. Will SEC Spoil This Rally? Crypto Services Provider Matrixport Buys Deutsche Boerse Unit, Crypto Finance “It’s going to take AI to catch the darker side of AI” — Nvidia CEO Bitcoin poised for Q4 gains amid US election uncertainty and halving impact FTX Token Surges 113% – What Triggered the Rise South Korea to Tackle Crypto Insider Trading with Legal Amendment Smart contract blockchains will become less cypherpunk, says VC boss Whales Capitalize on Ethereum Price Dip, Profiting $1.56 Million Trader Says Ethereum Rival One of His ‘Highest Conviction’ Trades, Forecasts Major Catch-Up on Bullish Catalyst Ethereal Exchange proposes integration with Ethena Network Ethereum Price Trims Gains: Is the Rally Losing Steam? Bitcoin Bulls Eye $75K and Higher as BTC Registers Three-Week Winning Streak Bitcoin Price Corrects Recent Gains: Is a Deeper Dip Coming? What Japan’s new prime minister means for crypto Software Developer Says XRP Could Reach $100,000 or Even $1,000,000 X Empire Listing on Binance, Bybit, Bitget Today TON-Based Hamster Kombat Token Plummets 42% in 3 Days Internet Computer (ICP) Continues Upward Trajectory With 16% Rally MasterCard and Ripple Join Forces to Transform Global Payments Asia’s Top Crypto Developments: Key Updates from China, Japan, and Turkey US SEC Charges TrueCoin, TrustToken for Stablecoin Investment Program X Empire Listing on Binance, Bybit, Bitget Today Ethereum (ETH) on Track for $10K: 3 Bullish Factors to Watch in the Next Cycle Visa Introduces a New Platform to Accelerate Bank Adoption of Asset Tokenization Ethereum Staking Yields Could Outpace US Rates, Boosting Prices Experts Say What Japan’s new prime minister means for crypto Software Developer Says XRP Could Reach $100,000 or Even $1,000,000 Vitalik Buterin proposes metrics to measure ‘Ethereum alignment’ A Deep Dive into 5 Groundbreaking Automated Market Makers $NAVX and $CETUS Lead Daily Crypto Market Surge Among Top Gainers Australia’s Vinyl Group Hits the Right Note with $1.6M Serenade Crypto Collectibles Deal $70,000 Has Never Been Closer for Bitcoin (BTC), Will Shiba Inu (SHIB) Finally Reach $0.00002? Ethereum (ETH) Missing Comeback Will Bitcoin Price Repeat Its Q4 Rally Pattern After a Bullish September? 5 Crypto Futures Trading Terms That Could Skyrocket Your Profits What If SUI Price Surges Past $2 Resistance? Can Ethereum Surpass Bitcoin in Market Value? Here’s why FTX repayment won’t happen tomorrow Crypto Picks for October: Celestia Token Unlocks, Uniswap V4 Launch, Ripple SEC Decision Understanding the Greater Fool Theory in Investing Bridging TradFi and DeFi: Ran Yi Discusses Orderly's Vision for Seamless Trading Fiat Currency vs. Cryptocurrency: Understanding the Key Differences Binance Aids Indian Authorities in Busting $47.6M Gaming Scam Stablecoin Strategy Unfolds: $110M USDT Transfer Signals ‘Big Money Moves SEC News: Gensler Refuses to Comment on Trump’s Bitcoin Reserve, Affirms Bitcoin Isn’t a Security