{"id":138166,"date":"2024-09-30T08:30:45","date_gmt":"2024-09-30T05:30:45","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138166"},"modified":"2024-09-29T16:28:49","modified_gmt":"2024-09-29T13:28:49","slug":"how-might-recent-xrp-ledger-updates-influence-ripples-stablecoin","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/how-might-recent-xrp-ledger-updates-influence-ripples-stablecoin\/","title":{"rendered":"How Might Recent XRP Ledger Updates Influence Ripple\u2019s Stablecoin?"},"content":{"rendered":"<p>These <strong><a href=\"https:\/\/x.com\/xrpscan\/status\/1839714528176836858?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1839714528176836858%7Ctwgr%5E23613376f9dd0e489fe4cbb391d8a4c2490fe5c3%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcoinpedia.org%2Fnews%2Fxrp-news-ripples-rlusd-set-for-u-s-launch-after-xrpl-improvements%2F\" target=\"_blank\" rel=\"nofollow\">enhancements<\/a><\/strong>, \u201cfixEmptyDID\u201d and \u201cfixPreviousTxnID,\u201d received approval from 31 validators, surpassing the threshold for activation.<\/p>\n<p>The \u201cfixEmptyDID\u201d upgrade enhances efficiency by preventing the creation of empty ledger entries, thereby minimizing unnecessary data. Meanwhile, \u201cfixPreviousTxnID\u201d improves transaction tracking with new fields that facilitate easier monitoring of transaction histories.<\/p>\n<p>With these upgrades, many are curious about their effect on RLUSD. Ripple\u2019s President, Monica Long, emphasized that while both upgrades are crucial, they cater to different functionalities\u2014RLUSD is designed for institutional use, while <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a> <\/strong>focuses on liquidity.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/here-is-how-this-crypto-analyst-made-10-million-last-bull-run\/\" title=\"Here is How This Crypto Analyst Made $10 Million Last Bull Run\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/space-travel.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Here is How This Crypto Analyst Made $10 Million Last Bull Run<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>These enhancements aim to elevate XRPL\u2019s performance, allowing for more sophisticated applications and streamlining operations. As Ripple tests RLUSD on XRPL and Ethereum, expectations grow regarding its improved functionality, with a launch anticipated later this year, subject to U.S. regulatory approval.<\/p>\n<p>In a recent interview, Long hailed Ripple\u2019s legal win as transformative for the crypto sector, asserting it clarifies U.S. regulations and establishes a new standard. With 40% of Ripple\u2019s growth already stemming from Asia before the SEC lawsuit, the firm is accelerating its global outreach and aims to enhance product accessibility in the U.S. Overall, these updates are poised to significantly enhance the flexibility and usability of both RLUSD and XRP, fostering optimism within the XRPL community.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The XRP Ledger (XRPL) has recently rolled out two significant upgrades, generating interest around their influence on Ripple&#8217;s upcoming stablecoin, RLUSD, and the overall ecosystem.<\/p>\n","protected":false},"author":9,"featured_media":98214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-138166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Might Recent XRP Ledger Updates Influence Ripple\u2019s Stablecoin?<\/title>\n<meta name=\"description\" content=\"The XRP Ledger (XRPL) has recently rolled out two significant upgrades, generating interest around their influence on Ripple&#039;s upcoming ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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