The XRP Ledger just took a huge leap forward with the AMMClawback amendment! ✅ This update, shared by XRP Scan on X, strengthens regulatory compliance for AMM pools, ensuring more secure and controlled liquidity management. 🌐💰
💎 Massive Growth in RLUSD/XRP AMM Pool!
Within hours of going live, the RLUSD/XRP AMM pool saw over $423,000 in total value locked! 📈💥 That’s a clear sign of strong demand and confidence in XRPL’s DeFi ecosystem. 🚀
🛠 What’s New with AMMClawback?
Issuers can now reclaim assets within AMM pools for better compliance. 🔄
Credential system introduced for managing authorization and security. 🔐
DID functionality added, aligning with W3C standards for digital identities. 🆔
Enhanced AMM rules to protect users and liquidity pools. ⚖️
💡 Ripple CTO David Schwartz shared his excitement on X, emphasizing RLUSD’s crucial role in boosting XRP liquidity. 🏦 With this update, XRP/RLUSD AMM pools are set to thrive! 💪🚀
📊 As trading activity surges, XRP is currently at $3.06, showing a slight 1% decrease today and 3.35% down this week. 📉 But with DeFi momentum building, the future looks bright! 🌟
What are your thoughts on this game-changing XRPL upgrade?
