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Ripple Stablecoin RLUSD Is A ‘Trojan Horse’ For DeFi And Banking, Claims Venture Capitalist

  • Adam Cochran, partner at Cinneamhain Ventures, describes Ripple's stablecoin RLUSD as a 'Trojan Horse' for DeFi and banking sectors.
  • RLUSD differentiates itself by adhering to stringent regulatory standards and being backed by real US cash equivalents.
  • It is set to be issued on both the XRP Ledger and Ethereum blockchain, unlocking multi-trillion dollar Forex markets on the blockchain.
  • Ripple's focus on regulatory compliance, programmability, and potential yield gains positions RLUSD as a competitive stablecoin in the market.

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