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XRP News: Will RLUSD Stablecoin Propel Ripple to Stablecoin Market Dominance? Coinpedia 16 Oct 2024

XRP News: Will RLUSD Stablecoin Propel Ripple to Stablecoin Market Dominance? 💱

Ripple CEO Brad Garlinghouse has hinted at the imminent launch of the company’s stablecoin, Ripple USD (RLUSD). He highlighted RLUSD's potential to become the benchmark for enterprise-grade stablecoins, focusing on trust, liquidity, and regulatory compliance.

This move could propel Ripple to a dominant position in the stablecoin market. Garlinghouse's announcement during Ripple's Swell event underscores the company's commitment to expanding its influence in the cryptocurrency sector.

Source: coinpedia.org ↗

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