The XRP Ledger (XRPL) has activated the AMMClawback amendment, allowing for the creation of automated market maker (AMM) pools for Ripple's USD-pegged stablecoin, RLUSD. The RLUSD/XRP AMM pool attracted over $423,000 in total value locked (TVL) within hours of its launch, indicating strong demand and liquidity growth. The amendment removes previous restrictions that barred tokens like RLUSD from participating in XRPL's AMM pools. Other RLUSD-based AMM pools have also been launched, but only a few have attracted substantial liquidity. The RLUSD stablecoin has already achieved a market cap of nearly $100 million in just over a month. It is fully over-reserved and backed by U.S. dollar deposits, short-term government securities, and cash equivalents. Ripple plans to publish monthly independent attestations to maintain transparency and compliance with regulatory standards.



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