The XRP Ledger (XRPL) community has approved an amendment that will allow the creation of automated market maker (AMM) pools for RLUSD, Ripple's stablecoin. The amendment, called AMMClawback, received over 85% approval from XRPL validators and will enable tokens with a clawback feature, like RLUSD, to be used in AMM pools. This amendment aims to boost XRP liquidity and support wider adoption of RLUSD. It also introduces a new transaction type, AMMClawback, which allows issuers to reclaim tokens deposited in AMM pools. The amendment is set to take effect on January 30, 2025, if it maintains its current approval rate. This development is expected to increase XRP liquidity and facilitate the integration of RLUSD into AMM pools, potentially enhancing its adoption.
Content Editor ( thecryptobasic.com )
- 2025-01-17
XRPL Amendment to Allow Creation of XRP/RLUSD AMM Pool Gains Validator Approval
