Ripple to launch USD backed stable coin on xrpl and eth
1 min read
Pegged 1:1 with usd, bonds and cash equivalents.
Interesting the alleged cross crypto element with both xrp and eth.
Heckle away but ripple usually pretty transparent so can’t hurt against the low bench mark of such things on tether and usdc.
Explains the current price jump.
submitted by /u/scoobysi
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