Ripple has received regulatory approval for its stablecoin RLUSD, leading to speculation on how its launch could impact the price of XRP. Software engineer Vincent Van Code believes RLUSD's integration with automated market maker (AMM) and liquidity pool (LP) features on the XRP Ledger could attract significant capital inflows into the XRP ecosystem. Van Code suggests that this could increase XRP demand and challenge price-suppressing bots and market makers. On the other hand, XRPL validator Vet raises concerns about the optimistic outlook, highlighting that RLUSD currently cannot participate in AMM pools on the XRPL and risks associated with impermanent loss and counterparty risk.
- Content Editor ( thecryptobasic.com )
- 2024-12-12
Experts Explain Why RLUSD Launch May Not Send XRP to The Moon Immediately