Ripple’s institutional bet: XRPL moves beyond payments and into tokenized finance

The XRP Ledger [XRPL] is expanding beyond payments as tokenization, stablecoins, and AI-driven transactions create new demand for blockchain infrastructure. Speaking at the Evernorth XRPN Nasdaq listing event on the 18th of October, Ripple's CTO Emeritus, David Schwartz, highlighted these use cases. We’re going to have to be able to solve problems that ordinary people actually have. This includes payments, investment access, and connections to existing financial systems. On-chain data shows data that suggests that there is already some early evidence of activity. According to recent data, the total amount of Ripple USD [RLUSD] issued is approximately $1.03 billion, and the total value of all stablecoins on the XRPL network is approximately $1.11 billion.

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