Ripple CTO: XRP and RLUSD will complement each other, with the latter dominating the RWA tokenization market

Odaily Planet Daily News: Ripple Chief Technology Officer David Schwartz once again commented on the company's latest product, RLUSD stablecoin, which was launched earlier this week. Schwartz stated in a video message shared on the company's official X account that RLUSD provides the right use cases that can benefit both users and developers. It is a reliable asset designed to showcase the potential of XRP Ledger. Schwartz pointed out that the stablecoin has brought direct and indirect benefits in the XRPL ecosystem. A direct benefit is that it drives positive trading volume, and XRP itself is a bridge asset. The uniqueness of XRP lies in its ability to support various assets, thereby expanding the accessibility of XRPL to centralized exchanges. Schwartz stated that due to the unique differences between the two assets, XRP and RLUSD will complement each other, and blockchain payment companies will continue to use XRP as a bridge in their proprietary products. In addition, he emphasized the prospects of the RWA tokenization market, believing that RWA will continue to grow and the demand for stablecoins will continue to increase, while RLUSD will dominate this market.