#PowellRemarks
Can RLUSD Improve Liquidity and Global Payments?
RLUSD also plays a key role in boosting liquidity for both cross-border payments and decentralized finance (DeFi) applications on the XRP Ledger. By offering a price-stable digital asset, it enables smoother transactions for institutions and businesses. According to Saldana, RLUSD complements XRP by often using it as a bridge currency when users convert RLUSD into other tokens, which helps drive additional demand for XRP and strengthens its position in global payment flows.
Can RLUSD Improve Liquidity and Global Payments?
RLUSD also plays a key role in boosting liquidity for both cross-border payments and decentralized finance (DeFi) applications on the XRP Ledger. By offering a price-stable digital asset, it enables smoother transactions for institutions and businesses. According to Saldana, RLUSD complements XRP by often using it as a bridge currency when users convert RLUSD into other tokens, which helps drive additional demand for XRP and strengthens its position in global payment flows.