@Cointelegraph: The first tests of its U.S. dollar-pegged stablecoin, RLUSD, have been announced by @Ripple. These tests are on the #XRP ledger (XRPL) and #Ethereum mainnets. The stablecoin will be overcollateralized. This means each unit of RLUSD is backed by USD reserves or short-term cash
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The first tests of its U.S. dollar-pegged stablecoin, RLUSD, have been announced by @Ripple. These tests are on the #XRP ledger (XRPL) and #Ethereum mainnets.
— Cointelegraph (@Cointelegraph) August 9, 2024
The stablecoin will be overcollateralized. This means each unit of RLUSD is backed by USD reserves or short-term cash… pic.twitter.com/nFmIDmvn0u
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