Ripple's RLUSD Stablecoin Debuts Dec. 17: What Investors Need to Know

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Dec 18, 2024

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Following regulatory approval, Ripple is set to launch its U.S. dollar-backed stablecoin, RLUSD, on December 17. The stablecoin, backed by dollar deposits, U.S. government bonds, and cash equivalents, aims to maintain a stable $1 price. Initial listings will occur on platforms like Uphold, MoonPay, and Archax, with additional exchanges expected to follow soon.

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