Ripple launching TOMORROW !!!! 🔥🔥🔥📈📊🎉
Ripple is set to launch its USD-backed stablecoin, RLUSD, on December 17, 2024. RLUSD is fully collateralized by U.S. dollar deposits, short-term Treasury bonds, and cash equivalents. It will operate on Ripple’s XRP Ledger and Ethereum blockchain, with plans to expand to additional platforms in the future. The stablecoin aims to enhance Ripple’s cross-border payment solutions, providing liquidity and reducing volatility for institutional clients. Ripple envisions RLUSD as complementary to its XRP token, which will help stabilize RLUSD’s value. The coin has been developed with a focus on regulatory compliance and institutional adoption.
Ripple is set to launch its USD-backed stablecoin, RLUSD, on December 17, 2024. RLUSD is fully collateralized by U.S. dollar deposits, short-term Treasury bonds, and cash equivalents. It will operate on Ripple’s XRP Ledger and Ethereum blockchain, with plans to expand to additional platforms in the future. The stablecoin aims to enhance Ripple’s cross-border payment solutions, providing liquidity and reducing volatility for institutional clients. Ripple envisions RLUSD as complementary to its XRP token, which will help stabilize RLUSD’s value. The coin has been developed with a focus on regulatory compliance and institutional adoption.
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XRP
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