Ripple’s RLUSD Stablecoin Goes Live in AMM Pools, Signaling XRP Ecosystem Growth
The XRP Ledger has made a significant advancement with the activation of the AMMClawback amendment. This crucial update enables issuers to recover tokens even after they have been sent, adding a layer of security within the ecosystem. Importantly, this change facilitates the use of Riot’s stablecoin, RLUSD, in Automated Market Maker (AMM) pools. The implications for the XRP community are profound, enabling smoother operations and fostering growth within decentralized finance applications. As more users adopt this stablecoin for liquidity in AMMs, the XRP ecosystem is likely to gain momentum in its quest for broader acceptance and utility.