🚨🇺🇸 RIPPLE LAUNCHES RLUSD STABLECOIN TOMORROW WITH BIG-NAME BACKERS
Ripple’s RLUSD, a fully-backed U.S. dollar stablecoin, goes live tomorrow on the XRP Ledger and Ethereum networks. Initial listings include Uphold, MoonPay, and Bitstamp, with more exchanges joining soon.
High-profile advisors like ex-RBI Governor Raghuram Rajan and ex-Fed exec Kenneth Montgomery join Ripple’s board as it takes on Tether and Circle in the $140B stablecoin market.
Early demand may cause price volatility, with some traders eyeing RLUSD at over $1,200 per token. Ripple warns: “Don’t FOMO into a stablecoin.”
Source: CoinDesk$XRP