Ripple has officially launched its USD stablecoin, RLUSD, which is backed by U.S. dollar deposits, government bonds, and cash equivalents. The launch marks a milestone for Ripple and the XRP Ledger, as the stablecoin is set to play a key role in Ripple's payments ecosystem. RLUSD aims to meet the growing demand for stable digital assets and will provide monthly attestations of its reserves through independent third-party audits. The stablecoin will be available on multiple platforms, and Ripple is committed to delivering a stable and trusted product from day one. The launch is supported by regulatory approval and an experienced advisory board, showing Ripple's dedication to the stablecoin market.
- Content Editor ( u.today )
- 2024-12-17
Ripple Stablecoin: President Reveals What's Behind RLUSD