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A new stablecoin regulated for transparency and integrity. Introducing Ripple USD:

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Ripple

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289,921 Aufrufe • vor 1 Jahr •via X (Twitter)

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$RLUSD is live on ⬡ mb io! Ripple 's dollar stablecoin. NYDFS-regulated, 1:1 USD-backed, custodied by BNY Mellon. Japan's FSA just cleared it today as the first foreign stablecoin under the country's new Payment Services Act.
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$RLUSD is live on ⬡ mb io! Ripple 's dollar stablecoin. NYDFS-regulated, 1:1 USD-backed, custodied by BNY Mellon. Japan's FSA just cleared it today as the first foreign stablecoin under the country's new Payment Services Act.

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BOOOOOOOOOOOOOOOOOOM!!! Brad Garlinghouse: "The name of the Ripple stablecoin will be $RLUSD (Ripple USD). I like to call it REAL USD. #XRP is going to bridge high quality stablecoins to provide liquidity for different countries!
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🚨IT'S OFFICIAL: Ripple stands out as one of the first crypto companies to receive a legal MiCA license in Europe. This license allows Ripple to offer regulated stablecoin and digital asset payment services across ALL 30 countries in the European Economic Area. #XRP

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Ethereum Remains The Biggest Home For Ripple’s RLUSD Most of Ripple USD remains on Ethereum despite Ripple positioning $RLUSD as a key product for the XRP Ledger. About $879 million of RLUSD currently resides on Ethereum versus $760 million on XRPL, per Protos. That means roughly 53% of the stablecoin supply is on Ethereum, compared with 47% on XRPL. Worth noting, Ethereum once hosted nearly 88% of RLUSD supply.

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