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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Ripple’s dollar-pegged stablecoin, RLUSD, has surged to $455 million in circulation, with most of its supply on Ethereum. The debate now centers on whether Ripple’s strategic moves will eventually benefit the XRP Ledger (XRPL) as it integrates smart contracts and seeks regulatory approvals.
- RLUSD’s circulating supply surged 47% in June to $455 million, with most on Ethereum, raising questions about XRP Ledger’s future role.
- Ripple’s EVM-compatible sidechain and smart-contract integration aim to make XRPL a competitive platform for RLUSD transactions.
- Ripple’s application for a national trust-bank charter and alignment with the GENIUS Act could streamline regulation and boost stablecoin trust.
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