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📺 Ripple (XRP) Breaking News:🚨🚨🚨

🔥Ripple Officially Introduces Ripple USD (RLUSD) Stablecoin:

📢Ripple Backed USDRipple has officially unveiled Ripple USD (RLUSD), confirming RLUSD as its forthcoming stablecoin trading symbol.This announcement first came from Ripple’s CEO Brad Garlinghouse during his session at the ongoing XRP Ledger Apex summit. Also present at the session was Ripple CTO David Schwartz.When asked, Garlinghouse revealed that the Ripple stablecoin will be named RLUSD, humorously referring to it as the “Real USD.” However, he noted that the term “RLUSD” was inspired by “Ripple USD.”

📢Ripple Officially Introduces RLUSD

Following the revelation from Ripple’s chief executive officer, the company formally introduced the RLUSD term through its official website and social media accounts. 

📢Significantly, this announcement follows the company’s trademark application for the same name with the U.S. legal database registry, Justia, a month ago. 

While the trademark application was still under review, community members stumbled upon the filing and began speculating that RLUSD might be the chosen ticker for Ripple’s stablecoin.

The application detailed that RLUSD would be used for electronic financial services, specifically for managing virtual currency payments and transfers.

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