Axelar Lianchuang: RLUSD will increase demand for XRP

Ripple’s upcoming RLUSD stablecoin could drive demand for XRP in 2025, according to Georgios Vlachos, co-founder of open-source interoperability platform Axelar. The platform is a canonical bridge connecting the XRP Ledger with the XRPL EVM chain and 69 other blockchains. Vlachos claims that many users, including those in emerging economies, use stablecoins as a means of transaction and as a store of value. RLUSD transactions and remittances will be settled primarily on the XRP Ledger (XRPL) and the XRP-EVM sidechain, driving demand for XRP: “When you make these transfers, you pay for gas in XRP. So XRP holders still benefit because some XRP is destroyed every time a transaction is made.” (Cointelegraph)