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Top XRPL Validator Explains the Difference Between XRP and RLUSD

Top XRPL Validator Explains the Difference Between XRP and RLUSD

Photo: Times Tabloid

The XRP Ledger supports multiple assets with distinct functions, but XRP and RLUSD occupy fundamentally different positions within its ecosystem. XRPL Validator Vet has outlined the differences between the two assets, explaining how their design, level of control, and intended uses separate them beyond their price characteristics. RLUSD is a dollar backed stablecoin issued by Ripple. As its issuer, Ripple operates under US regulations and retains the ability to freeze RLUSD. XRP, however, has no central issuer or jurisdiction governing it. No single entity can freeze the asset. Vet described XRP simply as a commodity .

Source: Times Tabloid

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