$XRP and RLUSD

An explosive RLUSD stablecoin?

In any case, this is the scenario presented by Georgios Vlachos, co-founder of the Axelar platform associated with Ripple since last June. This is to provide it with the necessary gateway to deploy its XRPL EVM Sidechain network. The latter intended to enable the deployment of decentralized applications (dApps) in parallel with its ecosystem.

Indeed, the regulatory context now more favorable to Ripple could allow its stablecoin RLUSD to find numerous use cases. And as this activity will be listed on the Ledger XRP (XRPL) and XRP-EVM networks, demand for XRP could be greatly stimulated.

“When you make these transfers, you pay gas fees in XRP. So, XRP holders are going to benefit because you're burning a little bit of XRP every time you make a transaction. »

Are we witnessing the rebirth of a crypto Phoenix previously stifled by endless SEC proceedings? The year 2025 will certainly provide a clearer answer to this question. Even more so with the prospect of an ETF applied to its cryptocurrency XRP, now listed in the top 3 crypto by capitalization (excluding stablecoins) ahead of Solana (SOL).