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Faizan
@faizco
π¨RIPPLE TO LAUNCH RLUSD STABLECOIN Ripple will launch RLUSD, a USD-pegged stablecoin, on Dec. 4 after approval from the New York Department of Financial Services. RLUSD will initially operate on XRP Ledger and Ethereum and is backed 1:1 by USD deposits and short-term U.S. Treasuries. Ripple CEO Brad Garlinghouse stated, βRLUSD focuses on institutions and compliance, addressing a gap in the stablecoin market.β ββββββββ π Follow: @LedgerRPT & t.me/SavvyStrat
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