RLUSD Emergence Dey Boost XRP Utility for XRPL
Dis Toni Ripple, new USD pegged stablecoin wey dem call RLUSD no go fit replace XRP, na so All Things XRP talk am. XRP still be native asset for XRP Ledger (XRPL), e unique because na im dey fit pay transaction fees, every account get am without trust lines, and e free from counterparty risk. Each RLUSD transaction still dey burn small amount of XRP as fees, so demand still dey baseline. Plus, XRPL automated bridging dey prioritize XRP liquidity, meaning say more RLUSD trading pairs go push more XRP use for bridges. Ripple control only about 1% of validators so e no fit remove XRP from ledger by itself. Instead, RLUSD go help increase XRPL activity—trades, token issuances, and payments—wey go dey boost XRP long-term utility and scarcity.
Bullish
Di launch of RLUSD likely good for XRP because e dey drive more on-chain action for XRPL without fear say e go affect XRP main functions. Every RLUSD issue and trade still depend on XRP for transaction fees, wey make sure say dem dey burn and get net demand steady. Di ledger autobridging system dey channel more liquidity through XRP when RLUSD trading pairs increase. Dis one mirror past times wey new stablecoins or token launch frameworks on XRPL—like when dem add USDC—cause network use plus token burn increase, wey support XRP price. Short term, traders fit see volume and volatility rise as RLUSD trade increase. Long term, steady growth for XRPL transactions and bridging go boost XRP scarcity and use, weh go give positive outlook.