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.
š theblock.co/post/331033/ripple-to-launch-rlusd-tuesday-monthly-attestations-to-follow