XRPL validator Vet has argued that the $6.28 billion Binance hack highlights an important advantage of native crypto assets like XRP over non-native assets like RLUSD. In an X post, Vet noted that the attacker was actively converting stablecoins into native assets such as Ethereum (ETH) to avoid being frozen by issuers.

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Ripple stablecoin RLUSD has recorded over $1 billion in net inflows over the past 90 days, making it the fastest-growing stablecoin during this period. Data from RWA.xyz shows that RLUSD is the only stablecoin to attract more than $1 billion in net inflows over the past three months, which puts it ahead of every other stablecoin in the market.

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Ripple has partnered with Coinbase to list its U.S. dollar-backed stablecoin, RLUSD, on America's largest cryptocurrency exchange.

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