🟡 Ripple to Issue US Dollar Stablecoin Based on XRP Ledger, Tapping into $150 Billion Market

Renowned cryptocurrency payments company Ripple has announced its new entry into the $150 billion stablecoin market, planning to launch a stablecoin on the XRP Ledger later this year.

Ripple announced this new move in a press statement published on its official website over the past few hours. The firm also shared snippets of the update via its official X handle.

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