$XRP

Recently, the XRP Ledger (XRPL) platform successfully implemented two core upgrades, "fixEmptyDID" and "fixPreviousTxnID". Both improvements were supported by 31 validators, reflecting the broad consensus of the XRPL community. Among them, the "fixEmptyDID" upgrade aims to optimize ledger efficiency by prohibiting the creation of decentralized identifier (DID) ledger entries without actual content, thereby releasing system resources occupied by invalid data. The "fixPreviousTxnID" upgrade significantly enhances the traceability of transactions by introducing key fields, such as PreviousTxnID and PreviousTxnLgrSequence, making the history of ledger modifications more clear and traceable.

As these upgrades progress, the focus of the market gradually turns to Ripple’s upcoming stablecoin RLUSD. Monica Long, president of Ripple, made it clear that RLUSD is designed for institutional users and its application scenarios are different from XRP. She also revealed that the stablecoin is expected to be launched in the US market this year, but only if it is approved by relevant regulatory agencies.

Monica Long also emphasized the importance of beta testing of stablecoins on XRPL and the Ethereum platform, which are designed to further verify and optimize the performance of stablecoins on the blockchain. She said Ripple’s recent string of wins, including significant growth in the Asian market (accounting for 40% of total growth) and accelerated expansion outside the Americas following the ruling, have set the stage for the company to grow globally. Solid foundation. Now, Ripple is working to make its products and services more accessible in the U.S. market to meet the needs of local customers.