Ripple's upcoming RLUSD stablecoin has sparked questions within the XRP community regarding its potential impact on the significance of XRP. The stablecoin is currently in its beta phase and is anticipated to launch soon.
RLUSD will be available on the XRP Ledger (XRPL) and Ethereum, providing flexibility and potentially supporting Ripple's On-Demand Liquidity (ODL) in certain capacities. This dual presence enhances its utility across different blockchain ecosystems.
Despite its promising applications, some in the XRP community express concerns over whether the RLUSD stablecoin might affect XRP's relevance in Ripple's broader strategy and ecosystem.