A significant advancement in the digital asset space has been brought to light by crypto researcher SMQKE, indicating a potential link between Ripple and BlackRock facilitated by a partnership with Ondo Finance. This collaboration paves the way for seamless minting and redemption utilizing RLUSD, Ripple’s institutional-grade stablecoin. Although the impact on XRP’s value may not be direct, it has the potential to bolster institutional adoption and support for Ripple’s On-Demand Liquidity solution.
SMQKE’s perspective on the Ripple-BlackRock association via Ondo Finance gains credibility from the ongoing developments in tokenized assets.