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XRP Demand to Soar? Ripple’s RLUSD Stablecoin Targets $230B Payments Sector

  • Ripple has launched its stablecoin, Ripple USD (RLUSD), positioning XRP as a key liquidity asset.
  • RLUSD will compete with stablecoin giants like Tether and Circle's USDC in the $150 billion stablecoin market.
  • RLUSD aims to enhance Ripple's international payment network and strengthen its On-Demand Liquidity (ODL) services.
  • Experts predict that RLUSD's launch could drive greater demand for XRP, potentially increasing its utility and price.

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