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Ripple integrates its RLUSD stablecoin into Ripple Payments

  • Ripple has integrated its RLUSD stablecoin into its payments solution to provide faster, cheaper, and more reliable cross-border money transfers for businesses.
  • RLUSD, a stablecoin pegged 1:1 to the US dollar, has a market cap of over $250 million and is being used by Ripple Payments customers for treasury management and global settlements.
  • The integration of RLUSD into Ripple Payments is part of Ripple's strategy to expand its presence in the decentralized finance (DeFi) and asset tokenization markets.
  • Ripple has recently achieved legal victories, including the conclusion of a lawsuit with the Securities and Exchange Commission, and aims for prominence in the crypto space with the support of the US government.

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