Vet, an XRPL dUNL validator, has debunked speculations that the highly anticipated Ripple stablecoin RLUSD is only for institutional investors.
In an X post, the dUNL validator stated that RLUSD is for everyone, both institutions and retail users. According to him, a compelling ecosystem would need an all-rounded adoption to thrive. As a result, Ripple will need both retail and institutions to boost the stablecoin’s utility.
#RLUSD is for everyone!
There is no such thing as "not meant for retail", for a compelling ecosystem you need institutions AND retail.
Institutions on ramp with RLUSD to the XRP Ledger and distribute it via CEX, AMMs etc to retail and other institutions.
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