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XRPL Validator Explains the Powerful Connection Between XRP and RLUSD
- XRP and RLUSD have a major functional connection in the payment system
- XRP is a decentralized asset with no counterparty risk, while RLUSD has Ripple as its counterparty
- XRP acts as a bridge asset to enable efficient cross-border value transfers and reduce counterparty concerns
- The approval of RLUSD by the NYDFS aligns with Ripple's strategy to expand its role in the stablecoin market
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