In a recent development in the cryptocurrency sphere, Panos Mekras, a renowned blockchain advisor specializing in the XRP Ledger (XRPL), has sparked discussions regarding the integration of USDC on XRPL. Mekras, known for his knowledge of blockchain technologies, took to social media to shed light on the absence of USDC on this ledger.
Addressing this issue, Mekras highlighted the importance of the integration of USDC and EURC (Euro Coin) for the advancement of projects like Anodos on the XRPL platform. He revealed his proactive approach by directly contacting Circle, the company behind USDC, to inquire about the delay in issuing a stablecoin on XRP Register.
Mekras' observations highlight a broader concern within the XRP community regarding Ripple's role in facilitating integrations and developments on XRPL. While recognizing Ripple as the central entity of the XRPL ecosystem, Mekras alluded to the need to diversify and be independent of Ripple's influence to foster growth and innovation.
Independence for XRP?
Additionally, Mekras hinted at a potential bottleneck in the development of XRPL, attributing it to the widespread perception of Ripple as the sole driving force behind the platform. He highlighted the need for greater awareness within the XRP community and beyond, regarding the broader ecosystem and functionality of XRPL.
Mekras' ideas highlight the intricacies surrounding the evolution of XRPL and the imperative for collaborative efforts to expand its utility. As discussions continue, stakeholders await Ripple's response and potential interventions to accelerate the integration of USDC into XRPLsignaling a pivotal moment for the XRP ecosystem.