Ripple has introduced a new stablecoin, RLUSD, which became available on December 17. The coin is designed to provide a compliant and trusted alternative to Tether, currently facing market scrutiny. RLUSD aims to combine the efficiency of blockchain technology with the stability of fiat currencies, facilitating instant global payments. This launch could usher in a new era of trust and utility in the stablecoin market as Ripple seeks to solidify its position against Tether.
