Ripple Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum

August 09, 2024

Ripple Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum

Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and Ethereum mainnets. The stablecoin is currently not available for public trading as it awaits regulatory approval. Ripple’s USD-Backed Stablecoin Enters Beta Phase Ripple usd or RLUSD, designed to maintain a 1:1 value […]

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