Ripple is preparing beta tests for RLUSD, its dollar-backed stablecoin planned for both the XRP Ledger and Ethereum, bringing its enterprise payments strategy back into the stablecoin spotlight.
TL;DR Ripple is preparing RLUSD beta testing on XRP Ledger and Ethereum.The stablecoin is designed to complement Ripple’s existing settlement products.The launch could give XRPL a more direct role in regulated dollar liquidity. Why Ripple Wants A StablecoinThe key point is that RLUSD is not necessarily a replacement for XRP. Ripple has positioned the stablecoin as complementary. XRP can still be used as a bridge asset, while RLUSD gives institutions a dollar-denominated instrument for settlement and liquidity management.
XRPL Gets A New TestThe beta stage is therefore worth watching, not overhyping. Ripple is entering a crowded stablecoin market, but it has distribution, enterprise relationships, and a chain that needs more high-quality dollar activity.
This article is based on information from Ripple.
