XRP Ledger (XRPL) has announced two major updates after another change it recently implemented. These developments attracted the attention of investors. Specifically, Ripple $0.602221As anticipation for the potential launch of ‘s stablecoin RLUSD grows, the effects of these updates to XRPL on the functionality of the stablecoin and the overall ecosystem have become a matter of curiosity.
XRP Ledger Made Two Major Updates
According to the XRPScan report, XRP Ledger implemented two important updates named “fixEmptyDID” and “fixPreviousTxnID” last Friday. Both updates were supported by 31 validators, passing the 28/35 threshold.
The first update aims to prevent the creation of empty DID ledger entries that previously took up useless space. With this change, any action to create such entries will return an error. In this regard, it is expected to increase ledger efficiency without interfering with existing processes.
Will Ripple Stablecoin Affect RLUSD?
Ripple shares its stablecoin with XRPL and Ethereum 
$2,660 started beta testing on its networks. Recently, Ripple released two batches of RLUSD stablecoins; Each batch contains 485 RLUSD. These developments have increased speculation about how the latest updates to XRPL will affect the operation of the stablecoin.
Ripple President Monica Long confirmed that RLUSD will be launched this year if it receives US approval.
Long said that they expect the stablecoin to serve wider areas than Ripple’s native cryptocurrency, XRP.
Long also noted that DEXs on XRPL can benefit from the stabilitycoin’s activity, while XRP will be used for smaller crypto transactions. These announcements indicate that the latest XRPL updates can power both the RLUSD and XRP ecosystems and offer greater functionality and flexibility across multiple applications.
In this period of continuous developments in blockchain technology, such technical updates on the XRP Ledger can contribute to strengthening the Ripple ecosystem and increasing investor confidence.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
