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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/xrp-ledger-implements-two-major-updates-to-boost-ecosystem-functionality/" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP Ledger Implements Two Major Updates to Boost Ecosystem Functionality</a><br></p>
<p style="text-align: justify">The XRP Ledger (XRPL) has announced two significant updates following a recent modification. These developments have attracted attention, particularly due to rising expectations surrounding the potential launch of Ripple’s stablecoin, RLUSD. Consequently, there is curiosity about how these updates will impact the stablecoin’s functionality and the overall ecosystem.</p>
<h2 id="xrp-ledger-executes-two-major-updates">XRP Ledger Executes Two Major Updates</h2>
<p style="text-align: justify">According to an XRPScan report, the XRP Ledger implemented two important updates named “fixEmptyDID” and “fixPreviousTxnID” last Friday. Both updates received support from 31 validators, surpassing the 28/35 threshold.</p>
<p style="text-align: justify">The first update aims to prevent the creation of empty DID ledger entries that previously occupied unnecessary space. With this change, any transaction attempting to create such entries will result in an error. This endeavor is expected to enhance ledger efficiency without interfering with existing processes.</p>
<h2 id="will-ripple-s-stablecoin-rlusd-be-affected">Will Ripple’s Stablecoin RLUSD Be Affected?</h2>
<p style="text-align: justify">Ripple has begun beta testing its stablecoin on both the XRPL and Ethereum networks. Recently, Ripple released two batches of the RLUSD stablecoin, each containing 485 RLUSD. These developments have intensified speculation regarding how the recent updates on XRPL will influence the operation of the stablecoin.</p>
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 <p>Ripple President Monica Long confirmed that RLUSD would be launched this year if it receives U.S. approval.</p>
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<p style="text-align: justify">Long expressed expectations that the stablecoin would serve broader areas compared to Ripple’s native <a href="https://en.coin-turk.com/sec-collects-final-spot-eth-etf-forms-as-bitcoin-continues-to-fluctuate/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a>, XRP. She also noted that decentralized exchanges (DEX) on the XRPL could benefit from the stablecoin’s efficiency, while XRP would be utilized for smaller cryptocurrency transactions. These statements suggest that the recent XRPL updates could empower both RLUSD and the XRP ecosystem, offering more functionality and flexibility across multiple applications.</p>
<p style="text-align: justify">In a period marked by continuous advancements in <a href="https://en.coin-turk.com/mastercard-launches-its-own-crypto-p2p-network/" data-wpel-link="internal" rel="noopener noreferrer nofollow">blockchain</a> technology, such technical updates within the XRP Ledger may contribute to strengthening the Ripple ecosystem and enhancing investor confidence.</p>
<p>The post <a href="https://en.coin-turk.com/xrp-ledger-implements-two-major-updates-to-boost-ecosystem-functionality/" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP Ledger Implements Two Major Updates to Boost Ecosystem Functionality</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

XRP Ledger Implements Two Major Updates to Boost Ecosystem Functionality

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