Is RLUSD Replacing XRP? Debate Grows Over Ripple Strategy
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Researchers and analysts say RLUSD has effectively become Ripple’s primary product as XRPL upgrades increasingly favor RLUSD and on‑chain adoption rises, sparking debate over XRP’s future utility. Ripple also secured a preliminary Crypto Asset Service Provider license in Luxembourg to enable a full Ripple Payments rollout across the EEA and MiCA compliance, but XRP showed no positive price reaction and fell about 3% amid broader market weakness.
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- Researcher says RLUSD has become Ripple’s main product, with XRP playing a secondary role.
- Researcher argues XRPL upgrades increasingly support RLUSD rather than XRP utility.
- Morgan points to rising RLUSD adoption on XRPL as debate grows over XRP’s future role.
Ripple announced it has secured a preliminary Crypto Asset Service Provider license in Luxembourg, clearing the way for a full rollout of Ripple Payments across the European Economic Area and complete MiCA compliance. The news was framed internally as a major regulatory milestone, but XRP’s price did not respond.
“Great News. Usual Effect on XRP Price. None.”
XRP lawyer Bill Morgan acknowledged the licensing achievement but was blunt about its market impact. “Great news. Usual effect on XRP price. None,” he wrote, noting that XRP has dropped roughly 3% alongside the broader market and is reacting to…
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