Ripple, the enterprise blockchain service connected to XRP Ledger, is launching its US dollar stablecoin called RLUSD on December 17! 🎉
- RLUSD will be listed on platforms such as Uphold, MoonPay, Archax and CoinMENA. More exchanges coming soon!
- Raghuram Rajan and Kenneth Montgomery have joined the advisory board.
- RLUSD is backed by US dollars, government bonds and cash equivalents.
- Ripple aims to compete with Tether and Circle in the stablecoin market.
How do you think RLUSD will impact the market? Let's meet in the comments! 💬