Showing posts with label blockchain improvements. Show all posts
Showing posts with label blockchain improvements. Show all posts

Saturday, September 28, 2024

Two Major Updates on XRP Ledger: How Do They Impact Ripple's RLUSD?

The XRP Ledger (XRPL) has rolled out two major updates—"fixEmptyDID" and "fixPreviousTxnID"—which are set to boost the ledger's efficiency by preventing the creation of empty entries. These changes, supported by 31 validators, have caught the attention of investors as they speculate on the potential impact on Ripple’s upcoming stablecoin, RLUSD.

With RLUSD in beta testing, these updates are expected to enhance its functionality, positioning the stablecoin to serve a broader market. Ripple's President Monica Long anticipates RLUSD's launch this year, pending U.S. approval.




Ripple’s XRP Eyes $1,000 Target Amid ETF Potential

Ripple’s XRP is in the spotlight due to a potential ETF (Exchange-Traded Fund) approval by the U.S. Securities and Exchange Comm...