Ripple’s XRP Escrow Rumor Sparks RLUSD Buzz 🚨
Speculation is heating up as Ripple’s #RLUSD stablecoin nears regulatory approval. Rumors suggest Ripple might use its entire XRP escrow as an initial reserve for RLUSD, potentially transforming its ecosystem.
Community figures like Del Crypto believe this strategy could boost $XRP liquidity and adoption, while Vincent Van Code sees potential for Ripple’s ODL partnerships to thrive. 🚀 $XRP ’s price has surged, reaching $2.71 (+40%) in 24 hours.
However, Ripple previously pledged USD-backed reserves, raising regulatory concerns about this rumored approach. Will Ripple navigate these challenges, or could this reshape the stablecoin's future?