Ripple Launches RLUSD: CoinMENA Leads MENA Adoption
Ripple, a global leader in digital asset infrastructure, has officially launched its U.S. dollar-backed stablecoin, Ripple USD (RLUSD). Designed to maintain a 1:1 peg with the U.S. dollar, RLUSD is backed by a mix of U.S. dollar deposits, government bonds, and cash equivalents. The stablecoin will be issued on both the Ethereum blockchain and the…