Ripple wants to pay suppliers in RLUSD. Where does XRP fit?

Ripple and C2FO want suppliers to receive early payments through the XRP Ledger. Their plan puts a dollar stablecoin at the centre of settlement, making the route from more business on the network to more demand for XRP worth examining. Ripple and C2FO have outlined a supplier financing initiative on the XRP Ledger that would settle payments in RLUSD, a stablecoin designed to track the US dollar. The companies’ announcement links the project to C2FO Instant Pay. Its premise is that a supplier may qualify for early payment and still wait for money to travel through existing settlement infrastructure.

Source: crypto.news