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coinpedia 2024-08-23 12:15:01

Ripple News Today: RLUSD Launch on XRP Ledger – Can It Boost XRP Price?

The post Ripple News Today: RLUSD Launch on XRP Ledger – Can It Boost XRP Price? appeared first on Coinpedia Fintech News Ripple has begun minting its new stablecoin, RLUSD, on the XRP Ledger and Ethereum mainnet. This initial phase involves minting 385 RLUSD tokens, with 185 on the XRP Ledger and 200 on Ethereum. The RLUSD is pegged 1:1 to the U.S. dollar and backed by a mix of dollar deposits, short-term U.S. government treasuries, and …

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