🚀 Ripple Labs just dropped some exciting news! They're testing their new USD-pegged stablecoin, RLUSD, on the XRP Ledger and Ethereum mainnets. Overcollateralized and backed 1:1 by USD reserves, RLUSD aims for transparency with third-party audits and monthly reports.

But don't worry, XRP fans! Ripple isn't shifting focus. RLUSD is still in beta, so beware of scammers.

Oh, and did you hear about the $125M "victory" against the SEC? XRP surged 26% to $0.64! 📈

Despite a dip in Q2 transaction volume, the future looks bright. What do you think? Drop your thoughts below! #DeFi #Web3 #Crypto