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Now that RLUSD is Live — What Will be its Role in The Ripple Ecosystem?

  • Ripple Labs' stablecoin RLUSD is now live on Ethereum and the XRP Ledger.
  • RLUSD is active on exchanges like Bitso and Bitstamp, contributing to the increased value of XRP.
  • The stablecoin aims to drive liquidity, facilitate cross-border transactions, and integrate with DeFi protocols.
  • RLUSD is backed by U.S. dollar deposits, government bonds, and performs regular audits for transparency.

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