Will Ripple's RLUSD Stablecoin Succeed Where AUDD Failed

  • RLUSD on XRPL may face liquidity challenges like AUDD due to lack of MM partner support.

  • Ripple’s focus on sidechains and Ethereum raises doubts about RLUSD’s XRPL debut.

  • Ripple’s dependence on XRP sales raises concerns about XRPL’s long-term network growth.

Ripple’s announcement of their RLUSD stablecoin has sparked debate within the crypto community, especially because of the challenges faced by Novatti Payments’ AUDD stablecoin. AUDD was supposed to be listed on both the XRP Ledger (XRPL) and Stellar, but it faced liquidity challenges on XRPL, leading many to wonder if RLUSD will encounter a similar fate.

I remember when Novatti Payments wanted to list AUDD on the XRPL and Stellar and it was eventually listed on Ethereum, Stellar and the XRPL. It ended up having no liquidity on the XRPL. Why will RLUSD be different.? I am not sure? https://t.co/uFFJ2wlAmG pic.twitter.com/GO0tezSVrd

— bill morgan (@Belisarius2020) September 30, 2024

One of the key issues with AUDD on XRPL was the lack of liquidity, caused by the absence of active integrations from market-making (MM) partners. According to statements from Novatti Payments, their MM partners could not…

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