China Eyes Ripple Stablecoin, SolMining Unveils XRP Smart Contracts as $5 Target Looms - Coinedict

China’s PetroChina explores Ripple’s RLUSD stablecoin for cross-border payments, while UK-based SolMining launches XRP Smart Contracts with daily returns and principal protection. Could XRP reach $5?

China’s state-owned energy giant PetroChina (CNPC) has hinted at exploring the use of stablecoins for cross-border payments, and Ripple’s recently launched RLUSD stablecoin appears to be part of the conversation. This development comes at a time when Hong Kong is setting up a regulatory framework for stablecoins, creating a new pathway for institutional adoption.

If PetroChina moves ahead with Ripple’s stablecoin in its international transactions, market watchers believe this could become a major catalyst for XRP, potentially helping the token break through the much-anticipated $5 level.

Ripple Stablecoin Gains Momentum

Ripple’s RLUSD is already gaining traction in Singapore and is being closely watched across Asia. The token aims to provide fast, regulated, and cost-efficient settlement for both institutional and retail use cases. With China’s interest now on the table, Ripple could find itself playing a bigger role in the future of cross-border digital finance.

SolMining Launches XRP Smart Contracts

While Ripple pushes ahead on the global payments front, UK-registered SolMining has introduced a new XRP Smart Cloud Mining Contract. The platform gives XRP holders the ability to generate daily on-chain returns without needing to buy or manage mining hardware.

Here’s how it works:

  • Users deposit XRP into their SolMining account.
  • Global data centers allocate computing power automatically.
  • Profits are distributed daily through smart contracts.
  • At the end of the contract, the original XRP deposit is returned.

This “principal protection” model is designed to reduce risk for investors, while offering predictable, automated returns.

Why It Matters

The dual momentum of institutional adoption (PetroChina + Ripple) and retail investment tools (SolMining’s smart contracts) is strengthening XRP’s case as a long-term player in the digital asset market.

SolMining also emphasizes sustainability, powering its data centers with hydro, wind, and solar energy, aligning with global ESG standards. Already serving over 3 million users worldwide, the company says its goal is to make cloud mining accessible to both newcomers and seasoned investors.

Looking Ahead

With China’s energy sector exploring Ripple’s stablecoin and SolMining opening up new investment opportunities for XRP holders, industry insiders see a potential turning point for the token. If adoption expands under regulated frameworks like those in Hong Kong and Singapore, the much-discussed $5 XRP milestone may be closer than many expect.

XRP0.57%
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