XRP to Release RLUSD

XRP announces the global launch of RLUSD stablecoin, scheduled for December 17th.

Refer to the official tweet by XRP:

XRP Info

Ripple XRPUSD is a digital asset and payment system technology developed by Ripple Labs. The project was created in 2012 with the aim of providing faster, more reliable, and scalable solutions for global money transfers, particularly for financial institutions and banks. Ripple offers fast and low-cost transactions using its own distributed ledger system called RippleNet.

RippleNet enables real-time transactions (taking only a few seconds) with minimal fees. The cryptocurrency XRP is used within the Ripple network to provide liquidity and facilitate transactions.

It is important to note that Ripple Labs manages and develops the Ripple technology, while XRP is an independent digital asset that operates within this technology.