Ripple, RLUSD and stablecoin

Ripple received approval to issue RLUSD from the New York State Department of Financial Services earlier this month.
Issued under the New York Trust Company Charter, and approved under the New York Department of Financial Services, RLUSD has been designed for trust and transparency. Each token is backed 1:1 by USD ...
Ripple, an enterprise-focused blockchain service closely related to the XRP Ledger (XRP), said it will start making its highly-anticipated U.S. dollar stablecoin accessible to users on Tuesday, Dec.
Ripple CTO warns against FOMO at RLUSD stablecoin launch, cautioning potential price spikes above its intended $1 peg.
Schwartz highlighted pre-market bids for RLUSD reaching $1,244, driven by buyers eager to claim the “honor” of being the ...