Ripple is intensifying the development of its RLUSD stablecoin, engaging in frequent minting across the Ethereum and XRP networks. Although still in testing, RLUSD is expected to play a key role in settlement solutions, operating alongside XRP within Ripple’s expanding ecosystem.
BerniceOn 4 April, Ripple unveiled plans to launch its own stablecoin, pegged 1:1 to the US dollar, alongside its existing cryptocurrency, XRP. This strategic initiative markets a significant milestone for the company as it seeks to bridge the gap between traditional finance (TradFi) and decentralised finance (DeFi).
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