Ripple, the parent company of Ripple Chain, announced on April 4 that it will launch a stablecoin pegged to the US dollar at a 1:1 ratio this year.

The current plan is to release it on Ripple Chain and Ethereum Chain, becoming the second fully circulated cryptocurrency after XRP. After all, Ripple's main business is payment. For the issuance of stable cryptocurrencies pegged to the US dollar at a 1:1 ratio, its experience and advantages should be greater than those of other issuers.

Ripple Chain has the support of the US dollar-pegged USD, and the ecological development will have a very good prospect. From this, we can see that Ripple Company supports the development of the Ripple Chain ecosystem. Please stay tuned.