Ripple enters the stablecoin market with a USD-pegged token. Backed by USD deposits, treasuries, and audits, Ripple’s stablecoin targets institutional adoption. The new stablecoin will initially be issued on Ethereum and XRP Ledger. Ripple, the blockchain enterprise behind XRP Ledger, has announced its entry into the stablecoin market with plans to introduce a USD-pegged stablecoin. […]
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Ripple to issue USD-pegged stablecoin challenging Tether and USDC market dominance