Ripple prints more RLUSD stablecoins on XRP blockchain as beta testing progresses
. The minting, which took place in a beta test on the XRP Ledger blockchain platform, created 185 tokens. According to the transaction hash, the commission was 0.000135 The start of beta testing of Ripple USD was announced by the crypto company earlier, at the end of the first 10 days of August.
The fact that an appeal has not yet been filed against the judge's decision, which significantly reduced the amount of the required $2 billion fine, may be a particular reason for the company to speed up with RLUSD. However, the exact amount of Ripple's stablecoin issuance is not yet known. So far, the only information available is that According to the plan, RLUSD will compete with established stablecoins such as Tether's USDT and Circle's USDC.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Launch a Network with Restaked Security in Minutes: Tanssi and Symbiotic Set New Ethereum Standard
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