These enhancements optimize XRPL functionality and allow for more complex applications while making it easier to work with. Ripple is beta testing the stable coin with XRPL and Ethereum, and it is still unclear how these enhancements will affect the functionality of RLUSD.
Monica Long, president of #Ripple , said that RLUSD is expected to launch this year, pending U. S. approval. She stressed that compared to #XRP , the stablecoin can address a wider range of issues and that decentralized exchanges (DEX) on XRPL can benefit from these developments.
In a lively dialogue with CoinDesk Japan, Ripple President Monica Long said that this victory was a watershed moment for the entire #cryptocurrency industry. President Long emphasized that this victory is a watershed moment for the entire cryptocurrency industry.
President Long noted that even before the SEC complaint, 40% of Ripple's growth came from Asia, and most of its customers were in the Asia-Pacific region. Following the ruling, the company has accelerated its expansion outside the US and now intends to make its products and services more accessible in the US market.
In general, the latest updates have the potential to significantly expand the RLUSD and XRP ecosystems, increasing their functionality and application flexibility. While expectations for the RLUSD launch are high, the XRPL community is optimistic. optimistic.
Read us at: Compass Investments
