@jakeclaverqfop: 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.

bryce_power_ :

Jake I’m begging you to answer this for me.. I’ve read through Ripple’s own docs (Payments Direct, ODL, Rail, the tokenization whitepaper) and they seem to point the other way. RLUSD and stablecoins are positioned as the actual liquidity bridge, and in the tokenization whitepaper XRP is only mentioned as the fee/gas token. On the XRPL DEX, XRP only gets auto-bridged when it’s the cheapest route — otherwise it routes through stablecoins. So where are you seeing XRP as the required bridge for tokenized assets? Not attacking, genuinely trying to reconcile it with the source docs.If I have this wrong please tell me…