RLUSD Over XRP? The Ripple Partner’s Stablecoin Saga 😂💸

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In a Nutshell (Because Who Has Time for More?)

  • A company that once dreamed of amassing a strategic reserve of XRP has decided RLUSD is the belle of the ball for its electric vehicle arm. Poor XRP, left in the cold like last season’s tweed blazer.
  • Why? Because stablecoins are apparently faster and cheaper than your eccentric uncle’s attempts at online banking.

VivoPower International PLC, with all the subtlety of a brass band at a library, declared on September 8 that Tembo e-LV-its EV offspring-will now accept RLUSD payments. Yes, the same RLUSD that’s barely old enough to have a driver’s license.

Tembo, ever the pragmatist, claims to be addressing the banal but undeniable woes of international wire transfers: delays long enough to age a fine wine, and fees hefty enough to make Scrooge McDuck wince.

The official line? RLUSD will perform international transfers “almost instantaneously” and at a “fraction of the cost.” Oh, and it’s tethered to the US dollar like an obedient pup, backed by greenbacks, short-term treasuries, and other financial frippery.

According to the announcement, the perks of RLUSD over traditional methods include:

  • Efficiency Boost: Faster transactions, because who has time to wait?
  • Cost Cutting: Lower fees, sparing us all from the cruel clutches of banking bureaucracy.
  • Innovation Push: Supporting digital assets that play by the rules-because compliance is chic.
  • Treasury Expansion: Broadening horizons into the cryptoverse’s wild west.

This revelation, shared with the world via X (formerly Twitter), sparked curiosity among the masses. Why snub XRP, Ripple’s golden child, for the less flashy RLUSD? 🤔

Though VivoPower remained coy, one can hazard a guess: volatility. RLUSD clings to the dollar like a limpet, whereas XRP bounces around like a caffeinated toddler. Stability, it seems, is the new black.

And yet, in a twist worthy of a Dickens novel, VivoPower insists it’s morphing into “the world’s first XRP-focused digital asset enterprise.” Earlier this month, it splashed $30 million on XRP and plans to hoard up to $200 million worth. One might call it a tale of two tokens-or just plain indecision.

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2025-09-09 19:37