XRP Ledger Launches First Native Stablecoin on Flare Network

XRP Ledger has launched its first native stablecoin, marking a significant milestone. This development positions the XRP Ledger as a key player in integrating global liquidity with everyday usability.

Significance of the Native Stablecoin for XRP

The stablecoin is introduced on the Flare Network to enhance XRP's utility and create new liquidity avenues.
It utilizes a collateralized Debt position (CDP) and stability pool model, aiming for a self-sustaining DeFi layer on Flare.
A report by ALLINCRYPTO highlights XRP Ledger's aim to be a premier platform for institutional DeFi, achieving over $1 billion in monthly stablecoin volume.
Zero-knowledge proofs (ZKPs) are under development for XRPL to balance privacy, compliance, and scalability.

Analysts' Market Perception of XRP

Italian expert Fabio Zuccara notes a shift in market perception with bold price predictions from Wall Street, ranging from $10,000 to $35,000 for XRP.
Zuccara emphasizes the potential explosion in XRPL adoption for real-world assets (RWAs), targeting the $653.39 trillion global real estate market.
The Real token, associated with this transition, launched with 100 million tokens, of which 80% are burned, potentially leading to a supply squeeze.
A scenario where 1% of the $650 trillion market flows through XRPL could elevate the Real token's value significantly.

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