Ripple Begins Beta Testing of RLUSD Stablecoin on Major Blockchain Platforms
Friday, 9 August 2024, 19:59
Ripple's RLUSD Stablecoin Beta Testing
Ripple has officially commenced the beta testing phase of its RLUSD stablecoin, a digital currency pegged to the USD.
Key Features of RLUSD
- Backed by audited reserves.
- Operates on both the XRP Ledger and Ethereum platforms.
- Designed to provide stability for cryptocurrency transactions.
Conclusion
This development exemplifies Ripple's commitment to enhancing cryptocurrency usability and diversifying the range of stablecoins available in the market.
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