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News Explorer — Ripple‘s New RLUSD Stablecoin Begins Testing on XRP Ledger and Ethereum

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Aug 9, 7:12 pm

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Ripple‘s New RLUSD Stablecoin Begins Testing on XRP Ledger and Ethereum

Ripple has announced that it is testing its new stablecoin, Ripple USD (RLUSD), on its own blockchain and Ethereum. The company aims to meet the global demand for stablecoins and facilitate cross-border payments. However, RLUSD has not yet received regulatory approval and is not available for purchase or trading. Ripple plans to expand the use of RLUSD to other blockchains and decentralized finance protocols in the future.

Ripple has announced that it is testing its new stablecoin, Ripple USD (RLUSD), on its own blockchain and Ethereum. The company aims to meet the global demand for stablecoins and facilitate cross-border payments. However, RLUSD has not yet received regulatory approval and is not available for purchase or trading. Ripple plans to expand the use of RLUSD to other blockchains and decentralized finance protocols in the future.

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