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Ripple Launches RLUSD Stablecoin on Kraken, XRP Price Dips

  • Ripple launched RLUSD stablecoin on Kraken cryptocurrency exchange.
  • The stablecoin aims to enhance cross-border payment functions.
  • Ripple integrated RLUSD in cross-border payments with key partners.
  • Ripple locked 700M XRP tokens in escrow, impacting XRP's price.

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