Strategy · Ethereum · Bitcoinist
Ripple RLUSD Beta Tests Put XRP Ledger Stablecoin Strategy Back In Focus
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Ripple is preparing beta tests for RLUSD, its dollar-backed stablecoin planned for both the XRP Ledger and Ethereum, bringing its enterprise payments strategy back into the stablecoin spotlight.
Key facts
- This article was written by the News Desk and edited by Samuel Rae
- For Ripple, launching RLUSD gives its customers a familiar unit of account while keeping them inside Ripple’s broader network
- The key point is that RLUSD is not necessarily a replacement for XRP
- XRP can still be used as a bridge asset, while RLUSD gives institutions a dollar-denominated instrument for settlement and liquidity management
Summary
For more details, visit the official Ripple platform. The launch could give XRPL a more direct role in regulated dollar liquidity. Stablecoins have become the clearest product-market fit in crypto. The key point is that RLUSD is not necessarily a replacement for XRP.