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<p>The post <a href="https://coinpedia.org/news/the-ripple-effect-understanding-xrps-position-in-the-stablecoin-debate/">Ripple News: XRP Community Questions Missing Ripple Stablecoin on XRPL</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The world of digital currencies is interesting but can be very twisted at times. Now, one question stands out: Why hasn’t <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">Ripple</a> introduced its stablecoin on the XRP Ledger (XRPL)? </p> 
<p>Mr. Huber, a prominent member of the XRP community, has recently brought this to the forefront.</p> 
<h2 class="wp-block-heading" id="h-ripple-s-role-in-xrpl-growth"><strong>Ripple’s Role in XRPL Growth</strong></h2> 
<p>While Ripple utilizes XRPL for products like <a href="https://coinpedia.org/news/ripple-and-uphold-partner-to-enhance-cross-border-crypto-payments-crypto-liquidity/">Ripple Payments</a>, it curiously abstains from launching a stablecoin, unlike other blockchain networks. Mr. Huber, known for his insights, wonders about this decision, considering Ripple’s significant contributions to the XRPL’s growth.</p> 
<p>Mr. Huber’s inquiries aim to understand why Ripple has not added a liquid stablecoin to the XRPL ecosystem. Despite being a major XRPL contributor, Ripple maintains its stance, leaving Mr. Huber and the community puzzled.</p> 
<p>Stablecoins have found homes on various networks. Competitors like COTI and Near Protocol have integrated stablecoins like DJED and USDC into their ecosystems. However, the XRPL lacks Ripple’s stablecoin.</p> 
<p>Also Read: <a href="https://coinpedia.org/news/ripples-xrp-holdings-take-a-dip-sells-over-a-billion-tokens-in-q4-2023/"></a><a href="https://coinpedia.org/news/ripples-potential-strategy-selling-xrp-to-non-us-vcs-to-revitalize-xrpl/">Ripple’s Potential Strategy: Selling XRP to Non-US VCs to Revitalize XRPL</a></p> 
<h2 class="wp-block-heading" id="h-xrp-as-a-bridge">XRP as a Bridge </h2> 
<p>While stablecoins gain traction, Ripple continues to use XRP as a bridge currency for cross-border settlements, disregarding its volatility. Mr. Huber finds this choice perplexing but suggests it might be due to the instant nature of XRP transactions.</p> 
<p>Speculations arise about <a href="https://coinpedia.org/news/ripples-xrp-holdings-take-a-dip-sells-over-a-billion-tokens-in-q4-2023/">Ripple’s motives</a>. Some believe Ripple might be eyeing XRP’s potential as a bridge between central bank digital currencies (CBDCs). Others think competition in the stablecoin market might influence Ripple’s decision.</p> 
<p>Did You Know? <a href="https://coinpedia.org/news/secs-new-crypto-rule-raises-concerns-for-upcoming-xrpl-amm-find-out-why/">XRPL Under Scrutiny: Will New SEC Rules Cripple the AMM Launch?</a></p> 
<h2 class="wp-block-heading" id="h-community-speculations">Community Speculations</h2> 
<p>Within the XRP community, debates persist. Some suggest Ripple could be considering using XRP as a stablecoin, while others point to market competition. Yet, Ripple’s official rationale for avoiding a stablecoin on XRPL remains unclear.</p> 
<p>As the Ripple-XRPL saga unfolds, the community remains inquisitive. The puzzle of why Ripple steers clear of a stablecoin on XRPL persists, leaving us to wonder about the motivations behind this intriguing decision. Only time will reveal the true story behind Ripple’s strategic choices.</p>

Ripple News: XRP Community Questions Missing Ripple Stablecoin on XRPL

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