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Rippleās stablecoin RLUSD officially saw the light of day in mid-December last year. Upon launch, several cryptocurrency exchanges embraced the product, including Uphold, Bitso, Moonpay, CoinMENA, and others.
Earlier this week, Rippleās president, Monica Long,Ā saidĀ people should expect other leading platforms to hop on the bandwagon āimminently.ā Shortly after, the Luxembourg-based BitstampĀ putĀ its name on the list.Ā
It added RLUSDĀ onĀ the Ethereum network,Ā describingĀ the stablecoin as āa robust solution designed for institutional-grade financial use cases.āĀ It also reminded that the product is pegged 1:1 to the US dollar, claiming that it āoffers consistent value for payments, tokenization, and more.ā 5 replies
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