Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC. The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents,"

Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC. The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents,"

https://www.coindesk.com/tech/2024/04/04/ripple-developer-behind-xrp-ledger-enters-stablecoin-fray-vs-tether-usdc