Validator on the XRP Ledger, known as VET, has shared insights on the necessity of active user participation in the XRPL ecosystem to boost adoption of the stablecoin RLUSD.
Need for Active Participation in XRPL
VET highlighted the importance of both retail and institutional users in driving the XRPL ecosystem forward. The validator pointed out that the growth and adoption of RLUSD can only occur through active engagement with the ledger's capabilities and feedback from users.
"Honestly folks, if we want more [$RLUSD] on the XRP Ledger, then we have to use the XRPL more. Tell builders what you want, let them build it, use it – repeat," emphasized VET.
Questions on Smart Contract Deployment
In response to VET's remarks, an X user, DOQ, inquired about whether developers should wait for native smart contract implementation in the XRPL or develop applications using the Ethereum Virtual Machine (EVM). VET acknowledged the complexity of deciding where to allocate development resources, stating that using XRPL could be viable for certain use cases if compliance requirements allow.
Impact of VET's Comments on XRPL Ecosystem
VET's comments reflect broader discussions within the XRPL community regarding user engagement and network adoption. The validator indicated that ecosystems thrive when participants actively utilize their infrastructure, rather than waiting for external factors to stimulate adoption. Additionally, the ongoing conversation regarding smart contract deployment highlights the strategic decisions that developers must make when working in the XRPL environment.
Overall, active user engagement in the XRPL ecosystem is a key factor in promoting the adoption of RLUSD and other applications on the platform. The continuous development of ledger functionalities will also be significant for future projects.
