♾ RLUSD, a U.S. dollar stablecoin, will launch on the XRP Ledger and Ethereum blockchain on December 17
⏺ New York Department of Financial Services approves launch. RLUSD adoption should increase as the US moves toward more transparent regulations.
⏺ The liquidity and transaction bridge between digital asset markets and traditional finance is stablecoins, a stable-price blockchain asset for web3-native and real-world settlements.
⏺ Tether and Circle, worth over $200 billion, may compete with XRP's operator during the launch. Due to demand-driven price volatility, Ripple CTO DVID Schwartz advised investors against buying RLUSD for FOMO.
⏺ New York Department of Financial Services approves launch. RLUSD adoption should increase as the US moves toward more transparent regulations.
⏺ The liquidity and transaction bridge between digital asset markets and traditional finance is stablecoins, a stable-price blockchain asset for web3-native and real-world settlements.
⏺ Tether and Circle, worth over $200 billion, may compete with XRP's operator during the launch. Due to demand-driven price volatility, Ripple CTO DVID Schwartz advised investors against buying RLUSD for FOMO.