Ripple Announces The Launch Of A U.S. Dollar-Pegged Stablecoin, Aiming To Enter The $150 Billion Market
Ripple plans monthly attestation reports for transparency, though the auditing firm responsible has not been disclosed yet. The stablecoin will be backed by U.S. dollar deposits, government bonds, and cash equivalents, ensuring stability. Ripple, has announced its plan to launch a stablecoin pegged to the U.S. dollar. This move places Ripple in direct competition with […