English
71010
Still remember that time “Cross-border transfers are ridiculously fast” project that is popular in the currency circle Ripple ? It has recently made another big move ，Announcing the launch of its own USD stablecoin RLUSD . Sounds like another one “Fabi News”, but this time it’s different. Because behind this, Ripple is not targeting the money of retail investors, but the heart of the global payment system.—— SWIFT、Visa、Mastercard。 Simply put, Ripple no longer wants to be the "transfer intermediary" that does errands for banks. It wants to sit directly on the main table and be the "backbone network" of the entire payment system. This article explains to everyone clearly what this is. one, Ripple wants to enter the SWIFT circle You may not know how money in the world is “Run". Almost all cross-border transfers and company settlements must go through SWIFT、Visa、Mastercard systems of these established institutions. Whether it's a bank transfer or a cross-border payment, you have to go through their channels in the end. and Ripple launched the RLUSD stablecoin just to break into this system. Because if someone can use RLUSD to complete international payments in the future, then Ripple will no longer be just a "player in the crypto world", but will officially enter a part of the global financial system. That is to say: Others make the rules, Ripple wants to be the rule. 2. Why does it issue stablecoins?Stablecoins are actually “The blockchain version of the dollar.” For example, the U.S. dollars you have in your bank account are a series of electronic numbers. The stablecoin is on the chain “"Digital dollar" allows money to be transferred between different countries and systems Real-time transfers, almost zero fees . The key to whether stablecoins can succeed lies in ，Does anyone use it? At this point, Ripple has natural advantages. Its customers have long been all over the world's banks and financial institutions, as long as these institutions are willing to connect RLUSD, then Ripple's stablecoin can directly enter the real-world payment network. This is much stronger than a simple "coin on the chain".  3. Compliance is the key: from “The defendant was invited in”In recent years, The tug-of-war between Ripple and U.S. regulators has been going on for long enough. But this time, its attitude has obviously changed: Stop being confrontational and start collaborating. and Cooperation with traditional institutions such as Visa and Mastercard means that Ripple wants to gain "entry into the mainstream financial circle." Launching a regulated, transparent, and compliant stablecoin can both appease regulators and win mainstream trust. Once RLUSD is implemented, some funds originally flowing in the non-compliant market may be attracted to this new system. This will not only enhance Ripple's status, but may also redefine the standards of "on-chain settlement". 4. Short-term popularity vs long term patternIn the short term, this news is quite popular. XRP, Ripple’s native token, may be about to experience a trading boom. But in the long run, Ripple wants to do far more than raise prices. If RLUSD’s pilot goes well, other giants ，for example Visa, Mastercard, even SWIFT，They may all follow up and launch their own stable currency settlement solutions. By then, what we will see may be a A new era of global payments dominated by US dollars on the chain. 5. Conclusion: Ripple’s true ambitionsactually, Ripple has never wanted to be a "company in the currency circle." What it wants to do is a new skeleton for the global payment system. In the past, Ripple was doing errands for banks. ； In the future, Ripple wants to become the underlying network that makes global capital flows faster and more transparent. So this launch RLUSD is not simply "issuing a coin", but an "identity transition". Ripple launches RLUSD not just to get a share of the pie, but also to participate in the global payment revolution. redefine “Money "moves".  |
|
|
|
|
|
