🔴 🪙 Ripple's RLUSD stablecoin will launch on December 17. 🔴
RLUSD will operate on the XRP Ledger and Ethereum blockchains, with each token backed by dollars or treasury bonds. Reserve audits will be conducted by a third-party company, and a reserve report will be published monthly, Ripple emphasized.
Initially, the stablecoin will be available on the Uphold, MoonPay, Archax, and CoinMENA platforms, then within a few weeks on Bitso, Bullish, Bitstamp, Mercado Bitcoin, and others.
The XRP rate reacted to the news with growth
you can safely take it on spot 🚀🚀🚀
