šØ XRPās original payments thesis is being stress-tested as stablecoins and RLUSD eat into the use case Ripple built the token for šØ
XRP was built to make cross-border payments faster and cheaper, but the market has changed underneath it. The article argues that stablecoins and Rippleās own RLUSD now compete directly with the role XRP was meant to play, raising a bigger question: if Rippleās infrastructure succeeds, does XRP still need to be the main beneficiary?
š Key points
š¹ XRP is down about 66% from its July 2025 highs, according to the article, which says the tokenās long-term outlook is being questioned in a tougher market.
š¹ Ripple Payments can settle transfers whether institutions use XRP or fiat, meaning adoption of Rippleās network does not automatically translate into XRP demand.
š¹ RLUSD, Rippleās stablecoin launched in 2024, gives institutions a less volatile settlement option and may be more attractive for treasury and payments use cases.
š¹ The article says XRPās design as a bridge asset creates a structural challenge because bridge assets are meant to move value, not necessarily sit idle as long-term holdings.
š¹ Stablecoins are presented as a stronger competitor because they preserve transactional utility without exposing users to XRPās price swings.
š¹ The piece argues that much of XRPās upside has historically come from speculation rather than durable utility-based accumulation.
šÆ Bottom line: Ripple may still win on payments, but XRP itself may not automatically win with it.
https://blocknews.com/ripple-built-xrp-for-global-payments-but-crypto-markets-have-changed-here-is-what-comes-next/