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Ripple (XRP) Unveils Multi-Crypto Exchange Partnership to Distribute “Ripple Stablecoin”
- Ripple has partnered with seven crypto trading platforms to distribute its stablecoin RLUSD.
- The partnership aims to ensure the availability of RLUSD on top crypto platforms.
- RLUSD will be fully backed by U.S. dollars, U.S. government bonds, and cash equivalents.
- Despite ongoing legal challenges, Ripple's XRP trade price has declined by 1%.
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