Ripple’s XRP to Remain as Bridge Currency, Stablecoin RLUSD Enhances Ecosystem

Ripple CTO David Schwartz has clarified that the company’s stablecoin project, RLUSD, will work alongside XRP rather than directly competing with it. This move underscores Ripple’s strategy of expanding its ecosystem through strategic collaborations and utility-centric applications. The introduction of RLUSD in December aims to bolster trading activity on the XRPL by providing a platform for real-world asset (RWA) tokenization, foreign exchange markets, and enterprise use cases. ]