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Ripple’s RLUSD to Debut on Dec. 17 Experts Warn of Early Volatility Risks
- Ripple is set to launch its USD-denominated stablecoin, RLUSD, on December 17, 2024.
- RLUSD will be integrated with both the XRP Ledger and Ethereum blockchains.
- The stablecoin's reserves will consist of US dollar deposits, government bonds, and cash equivalents.
- Ripple plans to use RLUSD for global payments, cross-border settlements, liquidity access, and collateralization.
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