Ripple’s XRP Ledger Goes Turbo: RLUSD Stablecoin & Memecoin Mania Get Green Light

Ripple just dropped a game-changer for the XRP Ledger—its biggest upgrade yet now supports RLUSD stablecoin deployments and, yes, even the circus of memecoins. Because nothing says 'serious blockchain innovation' like dog-themed tokens with 10% weekly burns.

The move positions XRPL as a one-stop-shop for both institutional stablecoin plays and degenerate gambling—sorry, 'retail liquidity opportunities.'

With this upgrade, Ripple's effectively building a crypto Swiss Army knife: hedge against volatility with RLUSD, then YOLO your profits into the next viral token. Wall Street would be proud.

This upgrade is also getting support for Multi-Purpose Tokens (MPTs), according to RippleX engineer Mayukha Vadari and XRPL validator Vet. These tokens are lighter, more flexible, and easier to use. 

Another feature that is coming is the XLS-56d batch transactions. This one gives users the ability to combine up to eight transactions into one. I will also support atomic swap in which two parties can exchange assets without needing trust. 

With all these updates, XRPL is becoming a more powerful platform for digital assets. Last week, it got praise from the World Economic Forum (WEF) as one of the top technologies for asset tokenization worldwide.

In a report published, the WEF highlighted a $1 billion tokenized fund created by Aurum Equity Partners. This fund, built on the XRPL, turns ownership of private equity and debt into digital tokens. WEF says XRPL was used for this because of its speed, security, and low transaction costs.

Earlier this year, Ripple also teamed up with Ondo Finance to launch a tokenized U.S. Treasury fund on XRPL. The fund was backed by  BlackRock’s BUIDL fund and offers secure, on-chain access to government bonds.

Also Read: Webus Files for $300M XRP Treasury Plan with US SEC