RLUSD Launch Signals Challenges Ahead for XRP
Ripple has faced mounting criticism from industry leaders regarding its long-term ambitions for XRP. Recently, BitGo CEO Mike Belshe commented on Ripple’s launch of RLUSD, a new stablecoin venture. He pointed to RLUSD as an indication of Ripple’s struggle to establish XRP as a preferred bridge currency. This pivot raises serious questions about the future viability of XRP and what it means for Rippleโs vision in the competitive crypto space. As the crypto landscape evolves, how Ripple navigates this challenge will be crucial for its success.