In recent days, speculation has arisen within the Ripple cryptocurrency community that their stablecoin, RLUSD, outperforms XRP in international payments. Lawyer Bill Morgan has provided clarifications on this matter.
Overview of XRP and RLUSD Situation
Recent news about Ripple's partnership announcements has sparked discussions regarding the use of their stablecoin RLUSD compared to XRP. Some users claim that RLUSD plays a more significant role in international payments.
Bill Morgan's Statement
Bill Morgan clarified in his post on X that the majority of Ripple payments are conducted using XRP, and RLUSD does not play the crucial role that many assume. He noted:
> "I don’t work for either company so putting me to the test of giving you confirmation or certainty is hardly fair. Nothing in the announcement at all suggests any role for RLUSD" — Bill Morgan.
XRP Community Reaction
The general reaction from the XRP community has been positive, with many expressing agreement with Morgan's assessments. However, this issue continues to arise every time Ripple announces a new partnership, which brings some frustration to the lawyer.
Thus, despite the speculations, Bill Morgan emphasizes the importance of XRP within the Ripple ecosystem and its superiority over RLUSD in the context of international transactions.
