Ripple has finally stepped onto the scene and is ready to launch its RLUSD stablecoin! 🎉 The long-awaited day has arrived; $52.9 million RLUSD has already been minted on the Ethereum network and $13.3 million on XRPL. A total of $66 million is not bad at all!

- Ripple describes RLUSD as the "future of finance". It is fully backed by US dollar deposits and government bonds.

- Big names like Raghuram Rajan and Kenneth Montgomery have joined the stablecoin advisory board.

- With multi-chain support, RLUSD is expected to revolutionize cross-border payments and DeFi integration.

Do you think RLUSD can compete with USDT and USDC? Let's meet in the comments! 🚀💬