Ripple's RLUSD Would Use XRP and Boost Liquidity
1 Articles
1 Articles
Ripple's RLUSD Would Use XRP and Boost Liquidity
Popular crypto researcher SMQKE (@SMQKEDQG) emphasized the significance of Ripple’s latest move, noting that “for Ripple, there are immediate and longer-term plays” following its acquisition of Hidden Road. SMQKE pointed out that this transaction could accelerate the distribution of RLUSD, Ripple’s stablecoin, and enhance the adoption of the XRP Ledger (XRPL). According to SMQKE, RLUSD would “use XRP to help add liquidity,” giving Ripple a pathw…
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