CoinVoice has recently learned that Ripple's Chief Technology Officer David Schwartz has once again expressed his views on the company's latest product, the RLUSD stablecoin, which launched earlier this week.
In a recent video shared on the company's official X account, Schwartz stated that RLUSD provides the right use cases that can benefit users and developers. It is a reliable asset designed to showcase the potential of the XRP Ledger. Schwartz pointed out that this stablecoin brings both direct and indirect benefits to the XRPL ecosystem. One direct benefit is that it drives positive trading volume, while XRP itself serves as a bridge asset. The uniqueness of XRP lies in its ability to support various assets, thereby expanding the accessibility of decentralized exchanges on the XRPL. Due to the distinct differences between the two assets, XRP and RLUSD will complement each other, and blockchain payment companies will continue to use XRP as a bridge in their proprietary products.
Additionally, he emphasized the prospects of the RWA tokenization market, believing that RWA will continue to grow, and the demand for stablecoins will keep increasing, with RLUSD poised to dominate this market. [Original link]
