Ripple Mints RLUSD on Ledger, Mainnet
This is a US news story, published by CoinGape, that relates primarily to RLUSD news.
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Ripple Kickstarts RLUSD Stablecoin MintingCoinGape
•Ripple has commenced minting of its USD-pegged stablecoin on Ledger and mainnet
62% Informative
Stablecoin RLUSD is pegged 1:1 to the US dollar and backed by reserves.
Ripple has commenced minting of its USD-pegged RLUSD stablecoin on both the XRP Ledger and Ethereum mainnet.
The move is expected to have significant impact on XRP price and Ripple ’s market expansion.
The launch of a stablecoin brings significant liquidity to a blockchain network.
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