XRP Ledger DEX Uses XRP Routing When It Beats a Direct Trade

Evernorth Chief Business Officer Sagar Shah described RLUSD as a dollar asset and XRP as a possible intermediary for trades between other assets in a June 15 communication. The distinction reflects one possible use for XRP on the XRP Ledger, whose decentralized exchange uses auto-bridging when routing through XRP offers a cheaper rate than trading directly. “RLUSD isn't trying to be the swap kid,” Shah wrote. He framed RLUSD as suited to trades with a dollar leg and XRP as a potential bridge for trades without one. Shah’s examples included tokenized U.S.

Source: TokenPost