Ripple unveils the launch of $RLUSD stablecoin on December 17th

#Ripple $XRP will launch $RLUSD stablecoin tomorrow, December 17th. $RLUSD is entirely backed by U.S. dollar deposits, U.S. government bonds and cash-equivalent assets. The company will engage an independent auditing firm to produce attestations of RLUSD reserve assets, published monthly.

Ripple's $RLUSD will initially be available on Uphold, MoonPay, Archax, and CoinMENA, with further listings on Bitso, Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash and others in the coming weeks.

šŸ‘‰ theblock.co/post/331033/ripple-to-launch-rlusd-tuesday-monthly-attestations-to-follow