>>60608125
No it doesn't. You are a low IQ person who never even understood the XRP thesis and literally just parrot heteronomous culture narrative from specific coins you follow like a NPC. The ENTIRE original usecase for XRP was to be a liquidity bridge to walled gardens and asset classes (like RWA tokenized assets, bonds, stocks, etc.) across traditional and blockchain networks etc. The entire XRP community believed that there would be specific currency stablecoins on chain and when USDC and RLUSD were launched, both were celebrated massively by the whole community. David Schwartz has been talking for YEARS about how there will be hundreds of private stablecoins which need to be able to transmit between each other, not to mention if RLUSD is used onchain it burns XRP. It also breaks the global stranglehold of issuance and cross-fx trade and exchange without such a behholden seat at the table and gives the smallest credit unions software that literally allows them to outcompete the largest correspondent eurodollar banks in the world in international payments if they don't themselves join. BNY Mellon is the largest custodial bank in the country and oldest bank as well and they are currently the primary custodian for RLUSD. Ripple are applying for an OCC license and Fed master account which would allow them to park XRPL USD assets at the Fed as collateral even. Ripple's purchase of Hidden Road (broker dealer that already settles trillions annually) led to RLUSD being able to be used in commercial bank collateral transactions and clearing, with XRP being used backend operations. And all of this is only talking about payments, which are 1/30th of the XRP usecase. If you don't see how stablecoins turbocharge XRP adoption and bridging between tradfi and defi etc. you never understood the XRP usecase and never even tried to because this was all 101 stuff talked about by the chief representatives of the community and within the community for literally a decade.
