🚀 Ripple Labs just dropped a bombshell! They've launched initial tests for their USD-pegged stablecoin, RLUSD, on XRPL and Ethereum mainnets. Overcollateralized and backed 1:1 with USD reserves, this stablecoin aims to be as solid as your grandma's fruitcake. 🍰

Transparency? Check. Third-party audits and monthly reports are on the way. Ripple's still committed to XRP, so no need to panic, XRP army!

Beware of scammers—RLUSD is in beta and not for sale yet.

Oh, and did we mention XRP surged 26% after a $125M SEC ruling? 🚀

What are your thoughts? Comment below! #DeFi #Web3 #CryptoNews