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Ripple CTO Explains How RLUSD Boosts XRP and XRPL Development
In a recent video shared by Ripple on their official Twitter account, the company’s Chief Technology Officer (CTO), David Schwartz, explained how Ripple USD ($RLUSD) boosts XRP and XRPL development. In his discussion, Schwartz emphasized that RLUSD plays a crucial role in enhancing trading activity within the XRPL ecosystem.
Schwartz highlighted the capabilities of RLUSD as a well-designed asset that offers significant benefits to both users and developers on the XRP Ledger (XRPL). He pointed out that the stablecoin’s integration into the XRPL ecosystem is expected to boost trading activity, with XRP serving as a bridge currency for decentralized exchanges.
Source: www.crypto-news-flash.com
