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A former Ripple engineer and current Walrus Protocol development marketer known online as "Bias Goose" has settled on the key instrument for his upcoming project on the XRP Ledger (XRPL).
In a recent social media post, he published a concise teaser promising, "We will make RLUSD great again," finally confirming that his secretive startup will be built around Ripple's U.S. dollar stablecoin.
The slogan is an important detail in a series of cryptic hints he has been posting since early August. At present, however, this is literally all that is publicly known.
The enigmatic project currently lacks an official name, a published white paper, or any visible registered legal entities — all while its creator has strategically promised a full, unvarnished presentation only in the first half of September.
His brief posts reveal only that the secret startup is being developed in partnership with a "rather closed-off sector" of the traditional economy to bring real-world business on-chain.
What to expect (and what not to expect)
Beyond the immediate stablecoin integration, a cross-protocol angle is already beginning to emerge. Bias Goose's current position at Walrus Protocol, a decentralized data storage protocol actively developing within the Sui ecosystem, is also of particular interest.
This leaves open the possibility of synergy between the two technologies — the project may attempt to combine the RLUSD and XRP settlement rails on the XRP Ledger with Walrus's capacity to store large datasets from the real economy.
The creator himself has not yet commented on the technical side, focusing exclusively on the economic model.
The startup is deliberately rejecting the traditional crypto playbook: no artificial incentives, free giveaways, or issuance of its own token. At the same time, it claims that the net yield generated by real-world business will be several times higher than U.S. Treasury yields and will outperform that of any other stablecoin on the market.
Whether these promises can be delivered in practice will become clear only after the September launch.
U.Today Editorial Team
Dan Burgin
