Ripple Edges Closer to RLUSD Launch with Significant Token Burn
November 18, 2024 at 02:30 AM GST updated: November 18, 2024 at 02:59 AM 2 mins read News Ripple burned 53M RLUSD across XRP Ledger and Ethereum in preparation for the stablecoin’s launch. RLUSD’s backing includes U.S. Treasury bills and dollar deposits. Ripple’s RLUSD awaits NYDFS approval, promising enhanced market transparency. Ripple, a popular blockchain…