All about new stablecoin from Ripple: RLUSD - Now live!!
All about new stablecoin from Ripple: RLUSD
RLUSD is now live, let's see how high can XRP go with this new tool in.
Why is it so cool to have another stablecoin with US regulatory avalization!!
- 1. RLUSD received NYDFS approval, making it one of few regulated US stablecoins, fully backed by US Treasuries
- 2. DeFi integration potential through liquidity pools and AMM features could drive further adoption
- 3. The American blockchain payments company completed several test mints on both the XRP Ledger and Ethereum Network, marking the final phases of preparation for the stablecoin’s official release.
- 4. US banks can hold #RLUSD on the XRPL/ETH ledger, and why USDC and USDT cannot.
- 5. XRP will be more usable and sure for international currency trading and buy/sell.
6. The stablecoin’s backing structure relies entirely on onshore U.S. assets, specifically U.S. Treasuries held in regulated custody. This arrangement ensures compliance with key financial regulations, including the Dodd-Frank Act and Basel III standards.
links to get informations about RLUSD.
to get all the opportunities it gives:
to see if it's alife:
take care, it's not to make money but it is an insurance:
XRP on X:
french:
G.Cerbero @2024 - me on X
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