<ul data-eligibleForWebStory="false"><li>Eri Chan highlights Ripple's RLUSD stablecoin strategy's potential impact on XRP, emphasizing Ripple's long-game approach.</li><li>Ripple's introduction of smart contracts to the XRP Ledger through the XRPL Ethereum Virtual Machine (EVM) Sidechain is set to make RLUSD on XRPL competitive with Ethereum.</li><li>Ripple's application for a national banking charter could lead to dual regulatory oversight for RLUSD, enhancing institutional confidence and its use in national payments.</li><li>While these developments hold enormous potential for XRP, patience is advised as the utility-focused steps will take time to fully materialize.</li></ul>

Here’s Why Ripple’s RLUSD Strategy Holds Enormous Potential for XRP

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