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? The Dinarian on Locals brings you the latest in news, interviews, in-depth conversations, and stories from across the blockchain and global communities—within and beyond cryptocurrency ?. Experts delve into how blockchain technology is reshaping industries, enhancing business networks ?, transforming transaction workflows, and advancing distributed ledger systems ??. We also explore intriguing topics that may venture into the realm of conspiracies—and so much more!
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EXCLUSIVE: Paramedics speak out about empty hospitals, probable vax injuries during COVID

Paramedics say they transferred few COVID-19 patients during the early stages of the pandemic — despite media claims that hospitals were overwhelmed — but since the rollout of the COVID-19 vaccines they've seen a rise in heart attacks, strokes, and chronic infections.

"If I hadn't heard about COVID all day, every day in the news, I don't think I would have known that anything was any different," said Greg McTague, a paramedic of 25 years from Penticton, B.C. "It seems clear to me at this point, the vaccines are causing a lot more harm than the actual virus."

In response to an anonymous testimonial by an Atlanta, Georgia paramedic, who claimed to be seeing a huge increase in cardiac-related calls for vaccinated men aged 18-30, the Western Standard put out a call on Twitter to see if paramedics were experiencing something similar.

The Western Standard heard from more than a dozen healthcare workers, including six paramedics, three emergency dispatchers, two nurses, two firefighters, and an embalmer.

All said they'd begun seeing an increase in medical conditions, such as heart attacks, strokes, chronic infections, and women with menstrual issues, after the vaccines were rolled out. But they said a culture of silence in the healthcare industry, particularly among doctors, was preventing the issues from being openly discussed.

Many healthcare workers said they feared they would lose their jobs for speaking out. The Western Standard chose to showcase the stories of three paramedics, one of whom chose not to share her identity.
'The vaccines are causing a lot more harm than the actual virus'

McTague said he wasn't busy during the pandemic's early stages. He claimed many people were so afraid of contracting COVID-19 they chose not to go the hospital, even if they were experiencing serious medical episodes.

"We weren't being called for COVID-19. It was our usual medical calls and car accidents and stuff like that. But I don't know anybody who actually had COVID that was serious enough to warrant a 911 call or a hospital visit."

McTague also said every patient that was brought into the hospital was labeled as having COVID-19, no matter what their symptoms were.

"I think they might have even said explicitly 'everybody's COVID until proven otherwise,'" he said, adding that the media and politicians exaggerated the severity of COVID-19.

McTague said following the rollout of the COVID-19 vaccines, he began seeing "weird stuff that I had never seen before." These included a woman in her 30s who suddenly went permanently blind, men under the age of 25 having heart attacks, and people having seizures for the first time later in life, which McTague said "usually happens when people are younger."

"I saw a few people that went blind, but her in particular, she was pretty young and healthy. People don't just suddenly go blind unless they get hit in the head or have a stroke. To just go blind, shortly after being vaccinated, I can't imagine what else that would be," McTague said.

Many of the people McTague saw with heart attacks and strokes, "didn't have the textbook presentations or symptoms."

"There was a guy in his in his 20s, who was a very fit, bodybuilder type. He woke up in the middle of the night screaming with chest pains. We couldn't even assess him because he couldn't talk to us. He was in so much pain and writhing around. I can't prove to you what caused that, but he had been vaccinated," McTague said.

McTague said because the majority of paramedics got vaccinated and "obviously felt an air of superiority," they are more likely to "turn a blind eye" to injuries that could have been caused by vaccines.

"They just say, 'it can't be the vaccine, because that's been proven safe and effective. So it's got to be something else,'" McTague said.

"Then people like me, we see these calls differently. We look at a patient with those presentations, and we think, 'we can't prove it, but maybe it was the vaccine,' and we are at least open-minded. Whereas the other people wouldn't even consider it as a possibility. Because they also don't want to admit they might have made a mistake."

McTague ended up losing his job in October of 2021 for not getting vaccinated. He said besides wishing he had gotten a full pension, he doesn't regret his decision. "I don't miss that job at all. And the way things are now, I don't think I could ever go back anyways," he said.

McTague said he believes the COVID-19 vaccines have caused more damage than the virus itself. "I'm not saying that there is no COVID virus, I just don't think it's any more serious than the average seasonal flu. And what the politicians have done is beyond stupid."

'I've seen a lot of these cases in the last few weeks.'

Elliot Axelman, a paramedic of eight years from New Hampshire, and author of Corona-Fascism, also claimed to not have been busy during the initial months of the pandemic. He said it appeared many were too afraid of getting COVID-19 to come to hospitals.

Asked if he saw an increase in COVID-19 patients, Axelman said he "never noticed anything different among anyone, to be honest."

"I remember this one guy, we were bringing him back to a nursing home, and he had beaten COVID. He was 85 years-old, with obesity, heart disease, diabetes, CHF, COPD, and other issues, and he'd had COVID and got over it. I thought, 'he's the ideal guy this disease is supposed to kill,'" Axelman said.

Axelman claimed hospitals in the U.S. over counting COVID-19 patients "by potentially tenfold." He claimed the PCR tests were done at 45 cycles instead of the recommended 25, resulting in a higher number of false positives and they used an overly broad list of symptoms for COVID-19 that ended up including people with other illnesses.

Additionally, Axelman said for every COVID-19 positive patient a hospital admitted, they received around $13,000 from the Centers for Medicare and Medicaid Service (CMS). When a hospital would put a patient on a ventilator, the hospital would also received approximately $39,000 from the CMS.

While the fact-checking site Snopes acknowledged that hospitals receive money for patients admitted for COVID-19 and placed on ventilators, they said "the $13,000 and $39,000 figures appear to be based on generic industry estimates for admitting and treating patients with similar conditions."

Axelman said he's heard of an increase in cardiac-related calls in young men since the COVID-19 vaccine was rolled out. One case that stuck out to Axelman was a 17-year old boy that came with chest pain and dizziness two days after his second shot. Axelman said the boy had elevated Troponin levels, which is a protein released into the blood after a heart attack.

"I was talking to the attending doctor in the ER. And she was freaked out," Axleman said. "She was like, 'I've seen a lot of these cases in the last few weeks.' And I asked, 'so young males with myocarditis after the second shot?' And she's like, 'Yeah.'"

Axelman said while most cells in the human body can regenerate, brain and heart cells cannot. "When they die, they're dead forever. And that's the issue with heart failure. It's always progressive. It never really gets better."

Since the vaccine rollout, Axelman said he has also seen a huge increase in females with "weird" issues with their menstrual cycles. He's heard of women experiencing heavy or irregular periods, and even cases where women who have already went through menopause got their periods again.

The National Institute of Child Health and Human Development noted COVID-19 vaccines were occasionally associated with a "small, temporary menstrual change in women.” But Axelman said even minor menstrual cycle changes can have far-reaching implications for women's fertility.

"You don't need to be a genius to know that the same system that affects the period, is the one that impacts fertility and pregnancy," he said.

'They're all so, so sick. It's just this general decline in the population'

A paramedic of 18 years from Southern Ontario, who refused to divulge her full name because of fears she could lose her job, said the call volume for paramedics was reduced during the first months of the pandemic. "Everybody was so scared, they were all staying home. But we were not seeing people sick with COVID-19," she said.

The paramedic said they were busier during that winter, but the call volume was still lower than previous years. "The only thing that was different than a normal flu season was that patients' oxygen saturation would be lower. But we never saw any young people. These were all 80 year-old, bedridden people [who] were dying," she said.

The paramedic said during the third wave of COVID-19, they kept hearing on the news that "Toronto hospitals were overwhelmed and they were using ambulances to transport people to surrounding hospitals." But after they signed up for a hospital transfer shift, they would "sit there for 12 hours."

"I did one transfer out of a Brampton hospital, but that was it. They eventually cancelled the program because nobody needed to be transferred out of the hospital," they said. "But then I would go home and hear on the news that hospitals were overwhelmed, and yet I had just been to the ICU that day, and seen that the place was half empty. And I thought 'what is going on here? Where are all the COVID patients?'"

The paramedic also claimed that screening for COVID-19 was extremely broad, and any patient with "nausea, vomiting, diarrhea, shivers, or shortness of breath" was labelled as COVID positive.

"And that's considered to be everybody. So if you had a breathing problem because of chronic obstructive pulmonary disease, you were considered COVID positive. I don't know if that's how it worked for the hospital numbers, but that's how we would treat it when we were dispatched," they said.

The paramedic said during the Omicron wave of last winter, when "everybody I knew got sick with COVID," virtually nobody was sick enough to be transferred to hospitals.

"I would say I saw three people that maybe died in 2021, but they were all over 75 years-old and had all the comorbidities. Three people for a whole year. I work full-time in a busy service where I'm doing eight calls a shifts," she said.

But the paramedic said since the vaccine was rolled out, they have seen a large increase in young people experiencing chest pain right after getting vaccinated. They have also seen an uptick in middle-aged people suffering from strokes, and an "enormous amount of people in their 50s and 60s with new-onset heart arrhythmias."

"I have to do a very thorough history. They'll tell me these problems started a month ago, and then a couple questions later they'll say they got their fourth vaccine dose around that same time. I can't tell you how many healthy, older people have gotten their third and four doses, and now they've got these new cardiac issues. It just seems really obvious to me. I don't see unvaccinated people getting this sick."

The paramedic also claimed to be seeing older people with chronic infections that "just keep getting worse and worse."

"They tell me 'I just keep getting worse. I don't know what's going on. I can't get up anymore. I'm weak, I'm nauseated all the time, and I've got his chronic infection I can't seem to recover from.'"

"I've been working for 18 years, and the majority of my patients now are in their last few weeks of life," the paramedic said.

"They're just dying. They're all so, so sick. It's just this general decline in the population."

https://www.westernstandard.news/news/exclusive-paramedics-speak-out-about-empty-hospitals-probable-vax-injuries-during-covid/article_273993dc-0167-11ed-97d5-978f968c2e82.html

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"The World Order That We Are Coming Into"

If XRP is the neutral bridge for all sovereign currencies, stablecoins, and tokenized assets, then it’s not just facilitating payments, it’s capturing all that value at every level. From smart contracts to tokenized treasuries and digitized assets, XRP forms the foundation and backbone for everything in between.

With cross-border payments representing a multi-trillion-dollar corridor, that’s where the largest capital will flow and the greatest returns will come from.

At this point, you’re the gatekeeper to the digital economy. Everything else follows or fades away once regulations take effect.

You either see it or you won’t until it’s too late.

~The Black Swan Capitalist

00:01:50
Denelle Dixon (Stellar CEO) On Bloomburg 🚀

'Everyone, including Mastercard and Visa, is looking at how this technology can make finance easier for their consumers and their business. I don't think there is going to be a loser, but I do think there will be shake-ups. And ultimately, the consumer is going to win.' - SDF CEO @DenelleDixon on @BloombergTV

00:05:29
We are minutes away from passing the GENIUS Act.
00:01:19
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading
🚀 Ripple x Alchemy Pay: RLUSD On-Ramp Goes Live! 🌍

A new era for stablecoin adoption is here with Ripple and Alchemy Pay’s RLUSD on-ramp:

🔹 Buy RLUSD in 173+ countries using Visa, Mastercard, Apple Pay, Google Pay, and 300+ payment methods

🔹 RLUSD is fully backed 1:1 by USD, issued by Standard Custody—high liquidity, high trust

🔹 Available on XRP Ledger & Ethereum for fast, secure, cross-chain payments

🔹 Seamless fiat-to-crypto access for institutions and individuals—compliance at the core

🔹 Launch coincides with US GENIUS Act, giving stablecoins a clear regulatory framework

🔹 Alchemy Pay’s upcoming blockchain (Q4 2025) will boost stablecoin swaps and developer tools

🔹 RLUSD integration enhances Ripple’s ecosystem and could drive more XRP utility

This partnership bridges TradFi and DeFi, making stablecoins more accessible, credible, and global than ever! 💎🌐

https://franknez.com/ripple-and-alchemy-pay-now-launch-rlusd-on-ramp/

🔥 XRP Community Update! 🔥

Rumors are swirling about the US government seizing Ripple’s XRP escrow for national reserves—but here’s the real story:

🔹 Ripple lawyer Bill Morgan has flatly denied any US plans to seize XRP escrow: “No, it won’t.”

🔹 Speculation began after Ripple’s routine release of 1B XRP from escrow

🔹 Claims about the Fed using XRP for payments remain unverified—no official confirmation

🔹 President Trump has floated the idea of altcoins (XRP, SOL, ADA) in US reserves, fueling more chatter

🔹 Ripple’s tech is gaining traction in payments, but no evidence supports government seizure or reserve use

🔹 Always look for facts—speculation ≠ reality!

https://coingape.com/lawyer-denies-rumors-about-us-seizing-xrp-escrow-for-reserve/

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🚀 On-chain Yield Meets Wall Street! 🚀

IXS, in partnership with OpenTrade, has launched the BlackRock High-Yield Corporate Bond Vault—bringing real-world bond yields to DeFi. Here’s why this is a game-changer:

🔹 Access BlackRock’s iShares 0–5 Year High Yield Corporate Bond ETF (SHYG) on-chain
🔹 Earn up to 8.5% APY, with daily interest accrual and zero fees during promo
🔹 Deposit USDC on Avalanche—no brokers, no onboarding delays
🔹 Withdraw anytime—no lockups, no gas hurdles
🔹 Backed by $6.4B in assets and a 4-star Morningstar rating
🔹 Real yield from real bonds, not just simulated returns
🔹 Fully tokenized, compliant, and always-on for digital-first investors
🔹 Brings institutional-grade fixed income directly to on-chain capital

The future of yield is here: transparent, credible, and powered by the world’s largest asset manager. 💎🌐

https://www.ixs.finance/news/ixs-launches-blackrocks-high-yield-corporate-bond-vault

https://coinmarketcap.com/currencies/ix-swap/

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Dubai regulator VARA classifies RWA issuance as licensed activity
Virtual Asset Regulatory Authority (VARA) leads global regulatory framework - makes RWA issuance licensed activity in Dubai.

Real-world assets (RWAs) issuance is now licensed activity in Dubai.

~ Actual law.
~ Not a legal gray zone.
~ Not a whitepaper fantasy.

RWA issuance and listing on secondary markets is defined under binding crypto regulation.

It’s execution by Dubai.

Irina Heaver explained:

“RWA issuance is no longer theoretical. It’s now a regulatory reality.”

VARA defined:

- RWAs are classified as Asset-Referenced Virtual Assets (ARVAs)

- Secondary market trading is permitted under VARA license

- Issuers need capital, audits, and legal disclosures

- Regulated broker-dealers and exchanges can now onboard and trade them

This closes the gap that killed STOs in 2018.

No more tokenization without venues.
No more assets without liquidity.

UAE is doing what Switzerland, Singapore, and Europe still haven’t:

Creating enforceable frameworks for RWA tokenization that actually work.

Matthew White, CEO of VARA, said it perfectly:

“Tokenization will redefine global finance in 2025.”

He’s not exaggerating.

$500B+ market predicted next year.

And the UAE just gave it legal rails.

~Real estate.
~Private credit.
~Shariah-compliant products.

Everything is in play.

This is how you turn hype into infrastructure.

What Dubai is doing now is 3 years ahead of everyone else.

Founders, investors, ecosystem builders:

You want to build real-world assets onchain.

Don’t waste another year waiting for clarity.

Come to Dubai.

It’s already here.

 

Source

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🎬Proof the Deep State Planned This War for Years🎬
Nation First outlines how the Israeli attack on Iran was planned by the Deep State and the Military Industrial Complex over 15 years ago.

Prepare to have your mind blown

~Namasté 🙏 Crypto Michael ⚡ The Dinarian

Dear friend,

What just happened in Iran wasn’t a surprise attack. It wasn’t a last-minute decision. It wasn’t even Israel acting alone.

It was a war plan written years ago — by men in suits, sitting in think tanks in Washington and New York. And yesterday, that plan was finally put into action.

Here’s the truth they don’t want you to know: this war was cooked up long before Trump ever became President — and it was designed to happen exactly this way.

Let’s start with what just happened.

Israel launched a massive, unexpected strike on Iran. They hit nuclear facilities. They killed military generals. They struck deep inside Iranian territory — and now the whole region is on edge, ready to explode into full-blown war.

The media is acting shocked. But I’m not. You shouldn’t be either.

Why?

Because we have the documents. They told us this was coming. Years ago.

Exhibit A: The Brookings Institution.

The Brooking Institution is a fancy name for what’s basically a war-planning factory dressed up as a research centre. Back in 2009, Brookings published a report called Which Path to Persia?

It laid out exactly how to get the U.S. into a war with Iran — without looking like the bad guy.

Here’s the sickest part:

“The United States would encourage — and perhaps even assist — the Israelis in conducting the strikes… in the expectation that both international criticism and Iranian retaliation would be deflected away from the United States and onto Israel.”

Let that sink in.

They literally suggested using Israel to start the war, so America could stand back and say, “Wasn’t us!”

They even titled a chapter of this report: “Leave It to Bibi” — naming Netanyahu as the guy to light the match.

Exhibit B: The Council on Foreign Relations (CFR).

The Council on Foreign Relations is an another Deep State operation. Also in 2009, CFR published a “contingency memothat laid out the whole military plan for an Israeli strike on Iran — step by step.

  • What routes the jets would fly (over Jordan and Iraq).

  • What bombs they’d use (the biggest bunker-busters in the U.S. arsenal).

  • Which Iranian sites to hit (Natanz, Arak, Esfahan).

  • And how Iran might respond (missiles, drones, threats to U.S. bases).

It’s like they had a time machine. Because those exact strikes just happened following the routes, likely using the bombs and hitting the sites that the CFR outlined.

Exhibit C: The Plot to Attack Iran by Dan Kovalik.

This one really blows the lid off.

US human rights lawyer and journalist Dan Kovalik, in his book The Plot to Attack Iran: How the CIA and the Deep State Have Conspired to Vilify Iran, shows how the CIA and Israel’s Mossad have been working together for decades — not just watching Iran, but actively sabotaging it. Killing scientists. Running cyberattacks. Feeding lies to the media to make Iran look like it’s always “six months away” from building a nuke.

He even reveals how they discussed false flag attacks — faking an Iranian strike to justify going to war. That’s not a conspiracy theory. That’s documented strategy.

And here’s where President Trump comes in.

Unlike the warmongers who wrote these plans, Trump wasn’t looking to bomb Iran. He wanted to talk. Negotiate. Make a deal — like he did with North Korea.

In fact, peace talks with Iran were just days away.

But someone didn’t want peace. Someone wanted war.

So Israel went in — just like the Brookings script said — and lit the fuse.

Trump didn’t authorise it. He didn’t want it. But they gazumped him. They went around him. And now, the peace he was trying to build has been blown to bits.

This was never about Iran being a threat. It was about keeping the war machine fed.

Think tanks, defence contractors, foreign lobbies — they don’t profit from peace. They thrive on tension. On fear. On war.

And now, thanks to them, the world’s one step closer to the edge.

If you’ve never trusted the mainstream media, you’re right not to.

If you’ve ever suspected there’s a shadowy agenda behind every war, you’re not paranoid.

You’re paying attention.

Because the documents are real. The war was planned. And the bombs are falling — right on schedule.

Pray for Iran’s civilians.

Pray for the Israelis caught in the crossfire.

Pray for a President who still wants peace.

And pray that we wake up before it’s too late.

Because the war has started.

But the truth has just begun to spread.

Until next time, God bless you, your family and nation.

Take care,

George Christensen

Source:

George Christensen is a former Australian politician, a Christian, freedom lover, conservative, blogger, podcaster, journalist and theologian. He has been feted by the Epoch Times as a “champion of human rights” and his writings have been praised by Infowars’ Alex Jones as “excellent and informative”.

George believes Nation First will be an essential part of the ongoing fight for freedom:

The time is now for every proud patriot to step to the fore and fight for our freedom, sovereignty and way of life. Information is a key tool in any battle and the Nation First newsletter will be a valuable tool in the battle for the future of the West.

— George Christensen.

Find more about George at his www.georgechristensen.com.au website.

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The Possible Impact Of USDC On The XRP Ledger And RLUSD
Key Points
  • It seems likely that USDC on the XRP Ledger (XRPL) boosts liquidity, benefiting XRP, though some see it as competition for RLUSD.
  • Research suggests both stablecoins can coexist, enhancing the XRPL ecosystem.
  • The evidence leans toward increased network activity being good for XRP, despite potential competition.

The recent launch of USDC on the XRP Ledger has sparked discussions about its impact on the ecosystem, particularly in relation to RLUSD, Ripple's own stablecoin. This response explores whether this development is more about competition for RLUSD or if it enhances liquidity on the XRPL, ultimately benefiting XRP.
 

Impact on Liquidity and XRP

The introduction of USDC, a major stablecoin with a $61 billion market cap, likely increases liquidity on the XRPL by attracting more users, developers, and institutions. This boost can enhance DeFi applications and enterprise payments, potentially driving demand for XRP, the native token used for transaction fees. While some may view it as competition for RLUSD, the overall effect seems positive for the XRPL's growth.
 

Competition vs. Coexistence with RLUSD

USDC and RLUSD cater to different needs: USDC appeals to those valuing regulatory compliance, while RLUSD, backed by Ripple, may attract users preferring ecosystem integration. Research suggests both can coexist, increasing options and fostering innovation, rather than purely competing.
 

Detailed Analysis of USDC on XRPL and Its Implications

The integration of USDC on the XRP Ledger (XRPL), announced on June 12, 2025, by Circle, has significant implications for the ecosystem, particularly in relation to RLUSD, Ripple's stablecoin launched in 2024. This section provides a comprehensive analysis, exploring whether this development is more about competition for RLUSD or if it enhances liquidity on the XRPL, ultimately benefiting XRP.
 

Understanding RLUSD and Its Role

RLUSD, Ripple's stablecoin, received approval from the New York Department of Financial Services (NYDFS) in 2024 and is designed to be fully backed by cash and cash equivalents, ensuring stability. It is available on both the Ethereum and XRP Ledger blockchains, aiming to enhance liquidity, reduce volatility, and serve cross-border payments. With a current market cap of $413 million, RLUSD is smaller than USDC's $61 billion but has regulatory credibility, particularly appealing to institutions.
 

Impact of USDC on the XRPL

The launch of USDC on the XRPL is a significant development, given its status as the second-largest stablecoin by market cap.
 
Key impacts include:
  • Liquidity Boost: USDC's integration can attract more users, developers, and institutions, increasing overall liquidity. This is crucial for DeFi applications, as Circle's announcement emphasizes its use in liquidity provisioning for token pairs and FX flows.
  • Increased Utility: USDC enhances the XRPL's utility for enterprise payments, financial infrastructure, and DeFi, potentially making it more attractive for global money movement and transparent settlements.
  • Regulatory and Institutional Appeal: As a regulated stablecoin issued by Circle, USDC can bring institutional users to the XRPL, aligning with Ripple's goals for regulated financial activities.
  • Network Growth: Supporting a widely recognized stablecoin like USDC on 22 blockchains, including the XRPL, increases the network's visibility and adoption, potentially driving more activity.

Competition vs. Complementarity with RLUSD

While USDC's launch could be seen as competition for RLUSD, the evidence suggests a more nuanced relationship:
  • Competition: Both are stablecoins on the XRPL, and USDC's larger market presence ($61 billion vs. RLUSD's $413 million) might attract users and developers away from RLUSD. However, competition can drive innovation, such as lower fees or better services, benefiting the ecosystem
  • Complementarity: Different stablecoins cater to different needs. USDC appeals to users valuing regulatory compliance and widespread adoption across multiple blockchains, while RLUSD, backed by Ripple, may attract those preferring ecosystem integration and regulatory approval from NYDFS. The XRPL can benefit from having multiple options, increasing liquidity and fostering a diverse ecosystem.
  • Coexistence Benefits: Research suggests that having multiple stablecoins enhances liquidity and provides users with more choices, potentially leading to higher network activity. For example, institutions might use USDC for global payments and RLUSD for specific XRPL-integrated applications, creating a symbiotic relationships.

Impact on XRP

The introduction of USDC, alongside RLUSD, is likely beneficial for XRP, the native token of the XRPL, for several reasons:
  • Increased Liquidity and Activity: Higher liquidity on the XRPL, driven by both stablecoins, can increase transaction volumes. XRP is used for transaction fees, with some fees burned, potentially reducing supply over time and increasing demand.
  • DeFi and Enterprise Use Cases: Both USDC and RLUSD enhance DeFi and enterprise applications, such as liquidity pools and cross-border payments, which can drive demand for XRP as a settlement token.
  • Network Growth: A more liquid and active XRPL is more attractive to developers and users, potentially leading to long-term growth for XRP, as increased utility can drive its value.
Expert analyses, such as those from u.today and ledgerinsights.com, suggest the launch is a "massive boost" for liquidity and adoption, with RLUSD also playing a significant role.
 

Comparative Analysis: USDC vs. RLUSD

To further illustrate, consider the following table comparing key attributes:
 
Given the evidence, it is more accurate to view the introduction of USDC on the XRPL as beneficial for liquidity, which is ultimately good for XRP, rather than solely as competition for RLUSD. The XRPL benefits from increased options, with both stablecoins enhancing liquidity, utility, and network growth. While some competition exists, the overall impact is positive, fostering a robust ecosystem that can drive demand for XRP. This conclusion aligns with expert analyses and community discussions, acknowledging the complexity of the stablecoin market within the XRPL.
 

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