RLUSD is positioned to play a significant role in supporting dollar-denominated transactions on the XRP Ledger, but analysts argue that its reach is limited when it comes to facilitating every type of digital asset exchange within the network. Crypto analyst ChartNerd drew attention to this issue following a discussion initiated by Nick, known as Crypto Crusader, who had described XRP as a key option for routing transactions between various fiat-backed stablecoins.