A new development in the cryptocurrency space is that prominent blockchain adviser Panos Mekras, who specialises in the XRP Ledger (XRPL), has spurred conversations about adding USDC to the XRPL. Mekras, who is renowned for his knowledge of blockchain technology, used social media to explain why USDC is missing from this ledger.
Mekras addressed the matter and underlined the need of integrating USDC and EURC (Euro Coin) for the advancement of XRPL platform projects such as Anodos. He demonstrated his pro-active stance by contacting Circle, the business that powers USDC, directly to find out why the stablecoin’s issuance on XRP Ledger was delayed.
https://x.com/panosmek/status/1768588810453913721?s=20
Mekras’s remarks highlight a larger worry in the XRP community about how Ripple is assisting with improvements and integrations on the XRPL. Mekras acknowledged Ripple’s importance to the XRPL ecosystem, but he also made hints about the necessity for variety and freedom from Ripple’s sway in order to promote development and innovation.
Independence for XRP?
Furthermore, Mekras alluded to a possible roadblock in the advancement of XRPL, blaming it on the widespread belief that Ripple is the only engine powering the platform. He emphasised the need for more knowledge of the wider ecosystem and features of XRPL both inside and outside of the XRP community.
Mekras’s observations clarify the complexities of XRPL’s development and the need for cooperative efforts to increase its use. A critical juncture for the XRP ecosystem is being reached as stakeholders watch for Ripple’s answer and possible actions to hasten the incorporation of USDC into XRPL.
