Set to be a pivotal addition to Ripple's ecosystem, the anticipated launch of Ripple USD (RLUSD), a stablecoin pegged to the U.S. dollar, was expected to happen this year. The XRP Ledger (XRPL) and Ethereum were initially selected as the primary platforms for RLUSD's release. However, recent developments indicate potential changes to this plan.
RLUSD is expected to launch on Ethereum this year or potentially on XRPL, though with limitations. Specifically, it could debut on XRPL without full integration into the Automated Market Maker (AMM), restricting its initial use to the decentralized exchange (DEX) order book.
It is limited by the clawback feature that still does not allow RLUSD to be used in XRPL's AMM. Some changes are being worked on to fix this quirk; one is called XLS-73, which focuses on improving the AMM's interaction with frozen assets. Another such amendment, XLS-77, aims to set up a stricter freeze on trust lines and thus block the movement of RLUSD by blocklisted accounts.
The post "Ripple USD (RLUSD) Launch Faces Platform and Functionality Challenges" first appeared on 36crypto.com News
