The foreign media quoted an encrypted researcher, SMQKE, who argued that Ripple would stabilize the RLUSD and be deployed at the same time in the Ether and XRP Ledger (XRPL), not as a trade-off between the two chains, but as a phased mobility strategy. The idea is to establish a base of use with existing institutional funds and DeFi ecology in the Ether Workshop before channelling more settlement activities to XRPL.
The RLUSD on XRPL is short-lived beyond the Ether.
According to the article, this strategy has recently produced more visible results. The RLSD scale on XRPL has risen to about US$ 801 million, slightly higher than the US$ 795 million on the Ether. This is also the first time that XRPL has become the largest carrying network of RLUD.
This change is seen as a sign of increased capacity of the Ripple primary chain to absorb stable currency activity. In comparison to the Taifeng, the XRPL masters try to settle faster and lower transaction costs, and Ripple also wants to strengthen its position in the cross-border payment and institutional settlement scene.
The Ether House is responsible for introducing external mobility.
According to the article, RLUSD first landed in the Ether, mainly to access more mature intelligent contract ecology, institutional mobility and a wider range of financial players. For Ripple, this would avoid limiting the securitization currency to a single network and would also help to establish the clearing asset role of RLUSD more quickly.
In this way, it is more like the RLUSD portal to global finance, while XRPL is designed to be the main network to follow up on liquidity. With the transfer of stable currency balances to XRPL, Ripple is also promoting more payments and tokenization of financial assets from XRPL.
XRP was given more institutional use
The article also mentions that the role of XRP is also changing. Mike Higgins of Ripple Prime recently indicated that XRP is used as collateral in financial operations. This means that the XRP is no longer focused solely on bridging assets, but is also beginning to be integrated into a more specific funding management landscape.
Within the above framework, RLUSD and XRP are described as complementary: the former provides a relatively stable settlement layer, while the latter performs liquidity and collateral functions. It was argued that such a combination would be used for cross-border payments, tokenized assets and business finance.
