$RLUSD Is Ripple's 'Trojan Horse' for DeFi & Banking

Ripple officially launched its much-anticipated dollar-backed stablecoin, known as RLUSD, on several global crypto exchanges on Tuesday. First introduced in June, RLUSD is designed to maintain a constant value in line with the price of the U.S. dollar. Each RLUSD token is fully backed by U.S. dollar deposits, U.S. government bonds, and cash equivalents. According […]

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