The future of $XRP is of great interest, as Ripple seeks to thrive in the financial sector despite challenges. The launch of RLUSD, a dollar-backed stablecoin, demonstrates Ripple's commitment to strengthening the role of XRP in global payments. These steps are expected to enhance XRP's liquidity, especially as the derivatives market on the XRP Ledger grows, attracting institutional trading and increasing open interest in leveraged positions to an impressive 80 billion dollars.
The future of XRP could gain additional momentum if Ripple can resolve its legal issues with the SEC, which may pave the way for broader adoption.$CTXC $ENA