Ripple to Issue USD-backed Stablecoin Bringing More Utility and Liquidity to XRP Ledger
Ripple’s stablecoin will be 100% backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. These reserve assets will be audited by a third-party accounting firm, and Ripple will publish monthly attestations. Ripple, the leading provider of enterprise blockchain and crypto solutions, announced its plans to launch......