In an exciting development for the crypto world, Ripple unveils its plan to launch a US dollar-pegged stablecoin backed by 100% reserve assets, initially available on XRPL and Ethereum. Aiming to revolutionize DeFi and bridge the gap with traditional finance, this initiative could be a game-changer, offering unmatched stability and opening new avenues for investors and developers alike. Anticipated for release in late 2024, the stablecoin awaits regulatory approval, setting the stage for a major shift in how digital assets are perceived and utilized. Ripple Announces Plans for a Multi-Chain Compatible Stablecoin On April 4, 2024, Ripple revealed its ambitious ...
