Ripple is pleased with the approval of RLUSD by New York regulators, as stablecoins like RLUSD are seen as important for improving cross-border payments and user integration into the XRP Ledger ecosystem. Ripple is also focused on enhancing the network's functionality and driving adoption, with a particular focus on gaming. Futureverse CEO Aaron McDonald talked about the current XRP market, highlighting the recent price increase and strong support from the community. McDonald expressed excitement about the upcoming RLUSD stablecoin, as it could bring more liquidity and support to the market, especially in gaming. He also highlighted XRP's growth and its increasing influence in the ecosystem. McDonald explained that XRP is used as the "gas token" for Futureverse's network, powering everything from transactions to smart contracts. In the past year, $13 billion worth of value was transferred on the network, and McDonald aims to further scale this success and increase the utility of XRP in the future.



Other News from Today