Ripple Labs
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Ripple’s RLUSD Launch: Will It Trigger the Next XRP Surge?
- August 19, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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In a significant move that could reshape the cryptocurrency landscape, Ripple Labs has begun testing its United States dollar-pegged stablecoin, Ripple USD (RLUSD), on both the XRP Ledger (XRPL) and Ethereum mainnets. This development, announced on August 9, 2024, marks Ripple’s entry into the increasingly competitive stablecoin market—a sector projected to reach $2 trillion by
