<ul><li>Ripple launches RLUSD in beta on XRPL and Ethereum, aiming to drive liquidity and institutional use cases.</li><li>RLUSD stablecoin pegged to USD undergoes rigorous testing to meet high security and reliability standards.</li><li>Ripple&#39;s RLUSD, backed by USD and treasuries, targets growing stablecoin market projected at $2.8T by 2028.</li></ul><a href="https://cryptotale.org/ripple-partners-with-difc-to-boost-blockchain-in-the-uae/" rel="noopener noreferrer nofollow">Ripple</a> has announced the launch of Ripple USD (RLUSD), a new stablecoin in beta on the XRP Ledger (XRPL) and Ethereum mainnet. This development marks a milestone in Ripple’s efforts to introduce more high-quality assets to the XRPL, potentially driving new opportunities, liquidity, and institutional use cases across the platform.RLUSD is pegged 1:1 to the US dollar and designed to meet the demand for a stablecoin that provides trust, stability, and utility in the rapidly evolving digital finance landscape. In its current beta phase, Ripple&#39;s enterprise partners are rigorously testing RLUSD to ensure it meets the highest standards of security, efficiency, and reliability.This phase is critical for addressing any potential issues before the stablecoin becomes widely available, pending regulatory approval. Consequently, RLUSD is not yet available for purchase or trading. Ripple has issued a cautionary note to the public to beware of scammers claiming to offer or distribute RLUSD, as such claims are fraudulent.<a href="https://cryptotale.org/ripple-tests-rlusd-stablecoin-on-ethereum-and-xrp-ledger/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ripple Tests RLUSD Stablecoin on Ethereum and XRP Ledger

CryptoTale

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