Breaking Coin | Major Amendment Goes Live on XRP Ledger

Major Amendment Goes Live on XRP Ledger Click to Buy All Coins with 10% Commission Discount with Credit or Debit Card. Mexc https://bit.ly/40fDloQ , Bitget https://bit.ly/3EvMUo1, Click link : https://u.today/major-amendment-goes-live-on-xrp-ledger to read the original text on U.Today ( News, Price Analysis, Trading Guide, Crypto ) _______ Amendment could potentially be boon for Ripple USD (RLUSD) stablecoin The AMMClawback amendment has officially gone live on the XRP Ledger, according to XRPScan. The XRPL's clawback feature makes it possible to recover tokens even after they were sent to the account. For instance, if the recipient of the tokens is associated with illicit activity, they could be recovered if such a feature is enabled by the issuer. Now, tokens with the clawback feature enabled on them can be used on the XRPL's native Automated Market Maker (AMM). Such an amendment is vital for regulatory compliance. Ripple, the issuer of the Ripple USD (RLUSD) stablecoin, will now be able to claw back the tokens if they end up being involved in fraudulent activities. The activation of the amendment essentially makes it possible to use Ripple's much-hyped stablecoin in AMM pools. Before this, it could only be used on centralized exchanges with traditional order books. The XRP/RLUSD pool could potentially provide Ripple with much-needed liquidity. "Excited to see the XRP/RLUSD pair in the XRPL DEX AMM. Congrats to the XRPL community!" former Ripple executive Emi Yoshikawa said on social media. As reported by U.Today, the market cap of Ripple's stablecoin recently surpassed $100 million. Jack McDonald, SVP of Stablecoin at Ripple, has stressed that RLUSD is compliant with the highest regulatory standards. There are already several pools with the RLUSD token on the XRP Ledger DEX. The leading RLUSD/XRP pool has a total of $419,800 worth of liquidity at press time, according to data provided by XPMarket. _______ XRP ripple news, ripple analysis, you can find breaking news, comments on cryptocurrencies on this channel, please subscribe to not miss the next XRP ripple news. XRP currency, XRP news, ripple news, ripple price, XRP ripple prediction, XRP ripple analysis _______ Disclaimer, The information provided on this video does not constitute investment advice, financial advice, trading advice, for informational purposes only, you should not treat any of the video's content as such. Please, consult your financial advisor before making any investment decisions. #breakingcryptonews