October 15th 2026, 2:46 PM
Ripple's Stablecoin Enters Stock Trading, Leaving XRP in the Shadows
Key Summary
Ripple's stablecoin, RLUSD, is being used to settle stock trades and cross-border payments, raising questions about the benefits of XRP in this deal. DriveWealth, a company behind trading and settlement systems, has chosen RLUSD over XRP, suggesting that XRP's involvement is minimal. Ripple earns interest on RLUSD reserves, while XRP holders only collect fractional ledger fees.
Please see our real time news feed on our Home Page
Introduction
Ripple's stablecoin, RLUSD, is being used to settle stock trades and cross-border payments. This arrangement has raised questions about the benefits of XRP in this deal.Background
DriveWealth, a company behind trading and settlement systems, has chosen RLUSD over XRP. This suggests that XRP's involvement is minimal.Ripple's Benefits
Ripple earns interest on RLUSD reserves, while XRP holders only collect fractional ledger fees. This arrangement has left XRP holders wondering about the benefits of XRP in this deal.XRP's Involvement
XRP does not serve as a bridge currency in this arrangement, a role it previously played in Ripple's cross-border service. Transactions involving DriveWealth's clients will use dollar tokens, which are later redeemed for dollars; therefore, the terms do not require purchasing XRP.Future Implications
This arrangement has significant implications for the future of XRP. With XRP's involvement being minimal, it raises questions about its long-term value and purpose.Conclusion
In conclusion, Ripple's stablecoin, RLUSD, has entered stock trading, leaving XRP in the shadows. The benefits of XRP in this deal are unclear, and its future implications are uncertain.#Ripple#XRP#Stablecoin#StockTrading#Crypto