Fintech Ripple to Introduce USD backed Stablecoin Bringing Utility and Greater Liquidity to XRP Ledger

Ripple, the provider of enterprise blockchain and crypto solutions, announced its plans to launch a stablecoin, pegged 1:1 to the US dollar (USD). Ripple’s stablecoin will reportedly “be 100% backed by US dollar deposits, short-term US government treasuries, and other cash equivalents.” These reserve assets... Read More