Ripple's CTO, Schwartz, elaborated that XRPL is evolving into a comprehensive financial ecosystem, supporting stablecoins, tokenized assets, loans, and DeFi functions.
XRP holds a unique position within XRPL, being the only asset that any XRPL account can receive, operates without a counterparty, serves as the default liquidity path, and is used to pay transaction fees.
XRPL prioritizes XRP through autobridging and pathfinding functions, making it integral to network trades and solidifying its core role in the infrastructure.
As Ripple transitions from a cross-border payments provider to a full-stack financial platform, the XRPL, with assets like XRP and RLUSD, may soon offer traditional financial tools like lending, investing, and asset tokenization.