⚙️ XRP Ledger undergoes a major upgrade to support RLUSD and memecoins
The new upgrade:
Major update on XRP Ledger enabling it to:
• Support the issuance and use of RLUSD (Ripple's stablecoin).
• Facilitate the creation of memecoins and tokens across the network.
The motivation:
Expanding the XRP ecosystem beyond traditional transfers, towards Web3 and DeFi.
Quote:
“This upgrade enables both developers and institutions to use XRPL in a more flexible way” – David Schwartz, Chief Engineer at Ripple