Ripple’s XRP Ledger Enrolls Major Upgrade for RLUSD, Memecoins
The XRP Ledger (XRPL) is preparing to roll out a fresh upgrade this month that will open the door for more tokens to be utilized in escrow. With this upgrade, users will be able to escrow stablecoins like RLUSD, real-world property tokens, and even memecoins.
The XRP Journal (XRPL) is preparing to roll out a fresh upgrade this month that will open the door for more tokens to be utilized in escrow. Prior to this, XRPL just allowed XRP to be locked in the escrow. WEF states XRPL was utilized for this due to the fact that of its speed, security, and low deal costs. Earlier this year, Ripple likewise teamed up with Ondo Finance to release a tokenized U.S. Treasury fund on XRPL.