Ripple Mints 13 Million rLUSD in Preparation for Major Launch
Ripple, a leader in digital payments and blockchain, has minted over 13 million rLUSD, a stablecoin backed by the US dollar. This move marks a strategic step to expand its ecosystem and meet the growing demand for stablecoins in international payments and decentralized applications (dApps).
rLUSD is built on the XRP Ledger blockchain, providing stability of value and increased transparency through its decentralized infrastructure. Ripple aims to integrate this stablecoin into innovative solutions, cementing its place in the cryptocurrency industry.
Proof of this issuance is available on the public blockchain, confirmed by a verifiable transaction. View this transaction on Etherscan to see the precise details of the issuance of the 13 million rLUSD.
With this development, Ripple continues to move forward despite regulatory challenges, positioning rLUSD as a key tool for stable and efficient payments. The coming months will be crucial to observe its adoption by businesses and users in the sector.
