Ripple’s Upcoming XRPL-Powered Stablecoin: Insights from CTO David Schwartz at the XRP Las Vegas Event

By CryptoGlobe - 1 month ago - Reading Time: 1 minutes

Ripple’s Upcoming XRPL-Powered Stablecoin: Insights from CTO David Schwartz at the XRP Las Vegas Event

On April 4, 2024, Ripple, a prominent provider of enterprise blockchain and cryptocurrency solutions, unveiled plans to introduce a stablecoin tied to the US dollar on a 1:1 basis. This stablecoin will be fully backed by a mix of US dollar deposits, short-term US government securities, and other cash equivalents, with transparency upheld through monthly […]

Original source: CryptoGlobe