An XRP community figure recently spoke on the perceived commitment from Ripple to establish XRP as a bridge currency between CBDCs instead of introducing a stablecoin to the XRPL.

These remarks came from Mr. Huber, a notable on-chain sleuth within the XRP community. In an effort to satisfy his curiosity, Mr. Huber presented a significant question to the XRP Ledger (XRPL) community bordering on the ecosystem’s growth.

The on-chain investigator questioned why blockchain payments firm Ripple had not facilitated the inclusion of a sufficiently liquid stablecoin in the XRPL ecosystem. Notably, while Ripple is merely one of the numerous builders on the XRPL, the firm is by far the largest and has contributed the most to its expansion.

By the way, this is an absolutely legitimate question: Why hasn't Ripple managed to bring a liquid stablecoin to the XRPL in 10 years? Because Ripple sees private stablecoins as a competing technology and is fully committed to establish XRP as a bridge currency between state… https://t.co/tJpLsqjqXu — Mr. Huber