$RULSD

RLUSD, Ripple's new stablecoin, is coming to market with a focus on security and transparency.

* Backing: Each RLUSD is 100% backed by US dollars, US government securities and cash equivalents, ensuring its stability.

* Audit: Ripple will publish monthly third-party attestations of RLUSD reserves, ensuring transparency.

* Regulation: The stablecoin was launched under the NYDFS's strict limited purpose trust company charter, demonstrating Ripple's commitment to compliance.

* Availability: RLUSD will initially be available on platforms such as Uphold, Bitso and MoonPay. More exchanges will list the token in the coming weeks.

* Market impact: The launch of RLUSD boosted the price of XRP and XLM, demonstrating market optimism about the new feature. * Vision for the future: Ripple expects RLUSD to be a milestone for stablecoin adoption in the U.S. as the country moves toward clearer regulations.

In summary, RLUSD is a robust and transparent stablecoin backed by Ripple’s expertise in the cryptocurrency space. Its launch marks an important step toward consolidating the stablecoin ecosystem and fostering the adoption of digital assets.