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Ripple’s 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, Ripple’s president, Monica Long, said people should expect other leading platforms to hop on the bandwagon “imminently.” Shortly after, the Luxembourg-based Bitstamp put its name on the list.
It added RLUSD on the Ethereum network, describing the stablecoin as “a robust solution designed for institutional-grade financial use cases.” It also reminded that the product is pegged 1:1 to the US dollar, claiming that it “offers consistent value for payments, tokenization, and more.” 5 replies
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