Stellar is Leading by Light Years
The integration of USDC on XRP is causing intense controversy. Although it may seem like a step forward, experts evaluate this as a desperate tactic to cover up the failure of the RLUSD stablecoin developed by Ripple, leaving XRP far behind a quietly but powerfully strong competitor: Stellar.
Data from the Stellar Expert community shows that RLUSD has not achieved the growth momentum Ripple expected, with less than 50K trustlines and virtually no real-world applications. In contrast, Stellar has supported USDC since 2021 and successfully built real-world coverage, with over 1.5 million trustlines, thousands of active wallets, and regular transactions occurring in the African, Asian, and Latin American markets.
This is not a testing environment, but a network that is operating daily payment transactions.
Ripple Shifts to USDC – Not Necessarily an Advantage for XRP
Analysts believe Ripple is trying to implement USDC on the XRP ledger to salvage the situation, but this move does not guarantee long-term value or utility for the XRP Token. As USDC becomes multichain, XRP will effectively lose its exclusive advantage, making ecosystem development and bridge creation more challenging.
They can only replicate the features, but they cannot catch up with the infrastructure, acceptance levels, and the partnerships that Stellar has painstakingly built over the years.
Stellar's Solid Position
Not only stopping at stablecoins, Stellar has also made breakthroughs with smart contracts through the Soroban platform, while integrating both USDC and PYUSD. They collaborate with renowned financial institutions like Franklin Templeton and WisdomTree, while also supporting humanitarian routes sponsored by the United Nations and real-world payment systems.
Thus, USDC on Stellar is not just an idea; it has become an efficiently operating ecosystem. Meanwhile, USDC on XRP is merely a publicity stunt that has yet to achieve any real breakthrough.
Source: https://tintucbitcoin.com/usdc-tren-xrp-la-bay-roi/
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