Altcoins News
By Dan Saada
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The ongoing comparison between Ripple (XRP) and Stellar (XLM) has taken a new turn—this time not through regulatory developments or technological milestones, but through public…
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A recent thread on social media by a prominent Stellar advocate, known online as “Stellar Expert,” has brought fresh attention to the contrasting strategies of both blockchain…
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On June 13, the Stellar community member shared a detailed post criticizing Ripple’s recent moves, particularly the development of an EVM-compatible sidechain and the start of…
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One of the key points centered on Soroban, Stellar’s smart contract platform. Soroban is currently operational and used by developers, providing a programmable environment that…
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The post also took aim at Ripple’s stablecoin efforts, particularly the start of RLUSD, Ripple’s native USD-pegged stablecoin.
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According to the post, XRP continues to be driven by speculation and online attention rather than infrastructure or usage growth.
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Despite the harsh criticism, the numbers related to Ripple’s ecosystem activity show measurable growth.
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For instance, RLUSD, Ripple’s stablecoin, has significantly expanded its supply since its introduction.
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Trading volume data provides even more insight. In its first month alone, RLUSD recorded over $3 trillion in cumulative trading volume on centralized exchanges.
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These numbers reflect real engagement rather than speculative attention. While RLUSD may not yet match USDC’s dominance, it is far from being a failed initiative.
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The positive aspects of Stellar’s ecosystem cannot be denied. The Soroban smart contract system is live and enables developers to build decentralized applications with optimized…
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USDC on Stellar continues to be a critical part of its ecosystem, helping users in remittances, aid distribution, and programmable finance.
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However, Ripple’s approach has always been different. It focuses primarily on institutional-grade adoption, offering tools for banks, financial institutions, and governments.
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Adding USDC to the XRP Ledger is aligned with Ripple’s broader strategy: offering trusted financial tools within a regulatory-aware ecosystem.
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The recent criticism by “Stellar Expert” also appears to serve another purpose—repositioning Stellar’s narrative at a time when XRP is again attracting attention.
The Currency Analytics
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