Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
"Ripple USD is currently in its beta phase and is being rigorously tested by our enterprise partners," the company said in a blog post."This phase is crucial for ensuring that the stablecoin meets the highest standards of security, efficiency, and reliability before it becomes widely available, and after receipt of regulatory approval."to enter the rapidly growing stablecoin market with its own U.S. dollar-pegged token.
The company said that it will offer both RLUSD and XRP for global payments services to clients. The stablecoin isn't tradeable yet as its hasn't received regulatory approval, Ripple said.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
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