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Strike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
The TradFi Gold Lucky Bag is now live—1g of real gold every 10 minutes. Trade nonstop, win nonstop!
👉 https://www.gate.com/announcements/article/49357
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Details: https://www.gate.com/announcements/article/47889
Are RLUSD and XRP really in conflict? Actually, they are a perfect match.
【CryptoWorld】Will Ripple’s newly launched stablecoin RLUSD overshadow XRP? The online buzz is intense. But what is the truth? Many industry insiders have already provided an answer — these two are not competitors at all; rather, they complement each other.
Analyses indicate that the emergence of RLUSD is actually aimed at attracting stable capital flows into the XRP ledger. With stablecoins entering, there will naturally be increased demand for payment channels. Plus, with the automatic bridging feature on decentralized exchanges, the amount of XRP burned will also increase — isn’t this an indirect boost to XRP demand?
In terms of role positioning, RLUSD is responsible for providing stability and value storage, while XRP acts as the bridging currency that facilitates transactions. One is the “anchor,” and the other is the “flow.” The more stablecoins are used, the greater the demand for this bridge. So rather than being a threat, it’s more a sign of a thriving ecosystem.