Ripple的Stablecoin（RLUSD）的活动用例是XRP（XRP）的看涨标志

在加密货币世界中，确定资产的价值通常相当困难。但是，有一种特定类型的加密录取，可以全面理解。

In the vast and often enigmatic realm of cryptocurrency, determining an asset's true value can be a difficult task. However, there exists one specific type of cryptoasset that's comprehensively understood. An asset of that type shines a bullish light on the XRP (XRP 0.88%) cryptocurrency over the long term.

在加密货币的广阔且经常神秘的领域中，确定资产的真实价值可能是一项艰巨的任务。但是，存在一种全面理解的特定类型的加密助理。从长远来看，这种类型的资产在XRP（XRP 0.88％）上发出了看涨的灯光。

It isn't something that you'd be interested in buying for a gain, but you might be able to see yourself holding it anyway. Let's take a beat to learn about this helpful asset and why it's so important to the XRP coin's future prospects.

这不是您有兴趣购买收益的东西，但是无论如何您都可以看到自己拿着它。让我们以一项措施了解这一有用的资产，以及为什么它对XRP硬币的未来前景如此重要。

This asset is in active use for its intended purpose

该资产为其预期目的积极使用

The Ripple group launched a stablecoin, Ripple USD (RLUSD 0.04%), last December. This coin is redeemable for $1 at any time, and it's backed by cash reserves to ensure that remains the case even during market or monetary disruption.

Ripple Group于去年12月推出了一个稳定的Ripple USD（RLUSD 0.04％）。该硬币可随时以1美元的价格兑换，并得到现金储备的支持，以确保即使在市场或货币中断期间也是如此。

In total, the market cap of the stablecoin is $293.6 million, which is equivalent to the number of dollars stored on the chain in this particular financial instrument. That isn't a very large value in comparison to XRP's market cap of $107.3 billion, but it's important to note that Ripple, the company that issues XRP, can also choose to set aside some of its cash holdings to issue more of its stablecoin as well. So if there's an increasing amount of demand from potential users for stablecoins, the quantity of Ripple USD can be adjusted upward by issuing more.

总体而言，Stablecoin的市值为2.96亿美元，相当于该特定金融工具中链上存储的美元数量。与XRP的市值为1073亿美元相比，这并不是很大的价值，但重要的是要注意，发行XRP的公司Ripple还可以选择搁置其一些现金持股，以发行更多的Stablecoin。因此，如果潜在用户对Stablecoins的需求越来越多，则可以通过发行更多的纹波美元来调整波纹USD的数量。

As of noon on April 9, the 24-hour trading volume of that stablecoin was more than $81.3 million, which indicates a significant portion of the total value turned over during the prior day rather than merely being held and not actually used for any purpose. This means that holders of stablecoins on XRP's blockchain are actively using their holdings to execute transfers and make payments, just as intended. It also suggests that as new users are onboarded to the chain, especially financial institutions, Ripple will probably need to issue more of its stablecoin so that they have access to enough supply of an instrument in which to store their cash assets.

截至4月9日中午，该Stablecoin的24小时交易量超过8130万美元，这表明总价值的很大一部分在上一天已倒闭，而不仅仅是持有，而不是实际使用的目的。这意味着，在XRP的区块链上的Stablecoins的持有人正在积极利用其持有量执行转让并按照预期进行付款。这也表明，随着新用户被登上链条，尤其是金融机构，Ripple可能需要发行更多的稳定股，以便他们可以使用足够的工具来存储其现金资产。

When Ripple does that, and offers its stablecoin to those institutions, the effect is that their fiat currency flows into XRP's chain, and is stored there. That tends to somewhat increase the price of XRP, as XRP is the asset that represents the totality of its chain, and it's also the asset that's necessary to have on hand to perform any action there. Therefore, whenever the stablecoin's market cap rises, it's a surefire sign to investors that Ripple is making accommodations for more users, and for more value to be stored on XRP's network.

当Ripple做到这一点并向这些机构提供稳定的时，其效果是他们的法定货币流入XRP的链条中，并存储在那里。这往往会在某种程度上提高XRP的价格，因为XRP是代表其链条总数的资产，也是在此处执行任何动作的必要资产。因此，每当Stablecoin的市值上升时，这对投资者来说是一个确定的标志，Ripple正在为更多的用户提供住宿，并将更多的价值存储在XRP的网络上。

And that's exactly what has been happening since the stablecoin's launch late in 2024, when its market cap was just $53.1 million. The new issuance shows that XRP's chain is enjoying wider adoption, which is why its future is likely bright.

这正是自2024年下半年发布的稳定币的市场上限仅为5310万美元以来的情况。新的发行表明，XRP的连锁店正在享受更广泛的采用，这就是为什么它的未来可能是光明的原因。

Be aware that there are nuances here

请注意，这里有细微差别

Stablecoins aren't the only determinant of XRP's future. It's entirely possible for the coin's value to decline even as more money flows into Ripple USD. Remember, there's a pretty big gap between the coin's market cap and the market cap of its stablecoin, so there are a lot of external phenomena that could outweigh the impacts of big investors loading their cash assets onto the chain.

Stablecoins并不是XRP未来的唯一决定因素。即使更多的钱流入Ripple USD，硬币的价值也很有可能下降。请记住，硬币的市值与稳定的市值之间存在着很大的差距，因此有很多外部现象可能会超过将其现金资产加载到连锁店的大型投资者的影响。

Furthermore, the policies surrounding stablecoins are still shaping up worldwide. It's likely that Ripple's relationship with regulators in the U.S. will enable it to stay on the right side of any new regulations that they implement over the coming quarters. But it probably doesn't have the same access in every other country that might host investors interested in holding assets on its chain. And that means there could be a disconnect between the promising-looking adoption curve of the chain today and what actually occurs as capital is either allocated to it or forbidden from allocating to it in the future.

此外，稳定币的政策仍在全球范围内塑造。 Ripple与美国监管机构的关系很可能会使其能够保持其在未来季度实施的任何新法规的右侧。但是，在其他每个国家 /地区可能没有相同的访问权限，可能会托管有兴趣持有其链条资产的投资者。这意味着，当今链的有前途的采用曲线与实际发生的资本要么是分配给它的，或者将来禁止分配给它，因此可能存在脱节。

But what should investors do with all of this information? Take it as a sign that XRP's feature set is appealing enough to its target demographic that certain core functionalities are getting scaled up to match demand.

但是，投资者应该如何处理所有这些信息？将其视为XRP功能集对其目标人群的吸引力，以至于某些核心功能已扩大以匹配需求。

If the trend continues, and it probably will, the XRP coin's price has a very good chance of rising over the long term.

如果趋势继续延续，并且可能会这样，那么XRP硬币的价格很大程度上很有可能会长期上涨。