Ripple CTO, David Schwartz, confirmed the development of a comprehensive financial system around the XRP Ledger, XRP token, and RLUSD stablecoin.
The financial system framework consists of XRP as a medium of exchange, RLUSD as the unit of account, and XRPL as the decentralized payment infrastructure.
Ripple aims to offer services like loans, investments, and payments through this evolving infrastructure, providing a potentially broader range of financial services.
While XRPL supports various assets, XRP maintains its unique position within Ripple's ecosystem, serving distinct functions alongside other assets.