Critics Say RLUSD Is End Of XRP, But Ripple’s Smart Play Could Prove Them Wrong
The post Critics Say RLUSD Is End Of XRP, But Ripple’s Smart Play Could Prove Them Wrong appeared on BitcoinEthereumNews.com.
Even before the launch of Ripple’s RLUSD stablecoin, the speculations that XRP is over or dead have been circulating in the crypto market. Critics have cited various reasons that hint towards the downfall of this prominent cryptocurrency, including its consolidatory price performance. Now, one crypto analyst has debunked all these FUD and beliefs. Let’s discuss. Why Critics Believe XRP is Over After RLUSD? The primary concerns of the critics include Ripple’s pivot to the RLUSD, which could diminish XRP. Critics argue that the introduction of this stablecoin makes the Ripple token unnecessary. This is because the firm has created its token for cross-border payments, even for use in banks, but that mindset should change with the launch of RLUSD, as this works without the risk of volatility. Apart from internal competition, the questions also arise about XRP’s low usage. Critics cite that the network activity is dropping and the adoption is low, regardless of the ongoing developments. As a result, a major FUD has developed, dividing the crypto community on their belief. XRP Matters More Today With Ripple’s Smart Play, Says Expert The main themes of this Ripple FUD include the replacement of XRP with RLUSD and the crypto token’s lack of real-world attention. Additional focus is on the blockchain firm’s large token holding of the native token, which is seen as a centralized risk. RLUSD Is a Threat? Prominent crypto analyst Jungle Inc. calls this criticism flawed. He cites Ripple’s official announcement that RLUSD is designed to complement the native token by acting as a fiat bridge. It allows the institutes to access the blockchain infrastructure without the consequences of volatility. You can’t scale XRP without making it easier to access -RLUSD is how they do it. More importantly, experts cite that the XRPL EVM sidechain is live, which…
Filed under: News - @ July 4, 2025 5:25 pm