XRP Still Powers Ripple Despite RLUSD Launch

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Crypto analyst Jungle Inc. recently shared his insights on Ripple’s new stablecoin, RLUSD, and its connection to XRP. He clarifies that RLUSD is not here to replace XRP but to complement it, offering new functionality for institutions, while XRP remains central to the ecosystem.

RLUSD: A Stable Fiat Bridge, Not a Replacement for XRP

According to him, RLUSD is not a replacement for XRP. It’s designed to act as a fiat bridge—helping banks and enterprises tap into blockchain tech without dealing with XRP’s price volatility. RLUSD is already live…



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XRP Still Powers Ripple Despite RLUSD Launch


Crypto analyst Jungle Inc. recently shared his insights on Ripple’s new stablecoin, RLUSD, and its connection to XRP. He clarifies that RLUSD is not here to replace XRP but to complement it, offering new functionality for institutions, while XRP remains central to the ecosystem.

RLUSD: A Stable Fiat Bridge, Not a Replacement for XRP

According to him, RLUSD is not a replacement for XRP. It’s designed to act as a fiat bridge—helping banks and enterprises tap into blockchain tech without dealing with XRP’s price volatility. RLUSD is already live…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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