• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP: Price Unchanged Amid RLUSD Launch and Smart Contracts Integration

user avatar

by Giorgi Kostiuk

2 years ago

  1. Current Situation of XRP Price
  2. Launch of RLUSD Stablecoin
  3. Expert Opinions and Questions


    4. Despite the upcoming technological advancements such as the RLUSD stablecoin launch and smart contracts integration on the XRP Ledger (XRPL), the price of XRP remains unchanged.

    Current Situation of XRP Price

    The price of XRP has remained stable despite announcements from Ripple regarding the upcoming launch of the RLUSD stablecoin and the integration of smart contract capabilities on the XRPL. The Ripple community is actively discussing these advancements, but no market changes have been observed so far.

    Launch of RLUSD Stablecoin

    Ripple CEO Brad Garlinghouse recently announced the launch of the RLUSD stablecoin, which will be pegged to the US dollar. According to Garlinghouse, RLUSD is currently in a private beta phase and will be available in the coming weeks.

    Expert Opinions and Questions

    XRP advocate and community member Bill Morgan expressed doubts on Twitter about the potential impact of these developments on the price of XRP: 'Just my observation, but neither the news that Ripple will bring smart contract capability to the XRPL nor that the RLUSD will go live in the next few weeks has impacted in any discernible way on the price of XRP.'

    Just my observation, but neither the news that Ripple will bring smart contract capability to the XRPL nor that the RLUSD will go live in the next few weeks has impacted in any discernible way on the price of XRP.Bill Morgan

    While the Ripple community discusses the anticipated technological changes, investors and market participants continue to observe the price dynamics of XRP, evaluating the impact of these advancements.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Fable 5 May Return with New Subscription Model

chest

Leaked information suggests that Fable 5 may return with a new weekly usage model in subscription plans.

user avatarGustavo Mendoza

Microsoft Stands Firm on Majorana 2 Quantum Chip Claims

chest

Microsoft defends its Majorana 2 quantum chip claims against criticism from physicist Henry Legg, asserting the stability of signals observed in experiments.

user avatarRajesh Kumar

Researcher Disputes Microsoft's Majorana 2 Quantum Chip Claims

chest

Researcher Henry Legg disputes Microsoft's claims about the Majorana 2 quantum chip, arguing insufficient evidence for a topological qubit.

user avatarMiguel Rodriguez

Synthetix Proposes Basis Vaults for sUSD Stability

chest

Synthetix is considering a shift towards a more structured approach to support sUSD stability through basis vaults.

user avatarLuis Flores

Synthetix Founder Addresses sUSD Management Issues

chest

Kain Warwick, the founder of Synthetix, takes responsibility for the mismanagement of sUSD, highlighting ongoing challenges in maintaining its peg.

user avatarArif Mukhtar

Crypto Markets Under Pressure as Macro Conditions Tighten

chest

The crypto markets are currently facing increased pressure as macroeconomic conditions shift towards a more hawkish stance.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.