Ripple’s RLUSD stablecoin represents a significant cross-chain strategy, having 70% of its supply on Ethereum. This allows for greater access to DeFi platforms and increases liquidity for the stablecoin, suggesting Ripple’s intent for a broader financial inclusion.
By launching RLUSD primarily on Ethereum, Ripple aims to capture market share within a stablecoin-dominated sector, while developing credibility and trust among decentralized financial users. This indicates a shift towards multi-chain usage and adoption.
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