Phil Kwok, co-founder of EasyA, has expressed optimism about Ripple USD (RLUSD), predicting it will significantly enhance the adoption of XRP. Kwok highlights RLUSD's role as a bridge asset, which facilitates the movement of high-quality collateral onto the XRP Ledger, thereby increasing XRP's utility and value. Ripple has already integrated RLUSD into partnerships with companies like Securitize and Tembo, and is expanding its presence in emerging markets through collaborations with Yellow Card, VALR, and Chipper Cash. Despite RLUSD's current market cap of $1.02 billion, Kwok believes it is still in its infancy with substantial growth potential as demand rises.
Phil Kwok Sees RLUSD Boosting XRP Adoption Globally
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