CandleFocus XRP Community Gains New Rewards With Ripple's RLUSD Stablecoin Launch
2024-12-17
Author: Content Editor
Ripple's RLUSD stablecoin will be accessible on Uphold's Web3 financial platform starting December 18th. The stablecoin will also be integrated into Uphold's Rewards Center program in January 2025, allowing users to earn incentives for holding RLUSD. The stablecoin, backed 1:1 by USD reserves and cash equivalents, has been approved by the New York Department of Financial Services and undergoes monthly third-party audits for transparency. Uphold users who hold RLUSD will receive benefits such as 5% rewards, exclusive insights, and early access to new tokens. Uphold aims to enhance user engagement and provide benefits for the XRP community.
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