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@aksel.m12:

Aksel.m12
Aksel.m12
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Region: GB
Sunday 30 May 2021 14:03:21 GMT
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RLUSD is backed by treasuries and cash equivalents, not dollars directly. That matters because it does not solve the Nostro Vostro problem. If counterparties still need to pre-fund accounts in each other's stablecoins to settle, the locked capital problem grows rather than shrinks. A DEX that routes settlement through a neutral asset means the counterparty receives whatever they want on the other side without pre-funding. RLUSD working well does not reduce the need for XRP. It confirms it.
RLUSD is backed by treasuries and cash equivalents, not dollars directly. That matters because it does not solve the Nostro Vostro problem. If counterparties still need to pre-fund accounts in each other's stablecoins to settle, the locked capital problem grows rather than shrinks. A DEX that routes settlement through a neutral asset means the counterparty receives whatever they want on the other side without pre-funding. RLUSD working well does not reduce the need for XRP. It confirms it.

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