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.



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