Ripple's XRP Ledger (XRPL) is witnessing increased adoption despite a drop in XRP's price, driven by the testing of Ripple's new stablecoin, RLUSD. This stablecoin aims to provide a stable transactional medium, attracting interest from financial institutions and payment providers due to XRPL's efficiency, low costs, and capability for secure, instant international transactions. The RLUSD test phase is being closely watched for its potential to revolutionize traditional money transfer methods. However, regulatory challenges and ongoing litigation with the SEC continue to pose significant hurdles for Ripple.