Four Reasons Why XRP Ledger Solution Using RLUSD Is Superior to USDC
Main Idea
The article outlines four reasons why the XRP Ledger's solution using RLUSD is considered superior to USDC, focusing on integrated blockchain technology, transaction efficiency, institutional endorsement, and Circle's adoption of XRPL.
Key Points
1. RLUSD offers a unified blockchain and stablecoin solution, with Ripple controlling both the XRP Ledger and the currency, unlike USDC which relies on third-party blockchains.
2. The XRP Ledger provides superior transaction efficiency with lower fees compared to Ethereum-based USDC transactions.
3. Anchorage Digital's endorsement highlights RLUSD's compliance and institutional suitability, placing it alongside other high-compliance assets.
4. Circle's decision to natively support USDC on the XRP Ledger is seen as a recognition of XRPL's technical advantages, despite Ripple developing RLUSD on its own infrastructure.
Description
Crypto researcher SMQKE published a post aimed at clarifying a persistent misunderstanding in the digital asset community, namely, the confusion between stablecoins such as USDC and native blockchain assets like XRP. The post, which referenced several supporting documents, addressed claims made by a public figure who misrepresented the technical and institutional advantages of Ripple’s RLUSD over Circle’s USDC. SMQKE presented four detailed comparisons underscoring RLUSD’s integrated blockchain ...
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