Ripple (XRP) recovers on Monday, almost erasing Sunday’s losses, as the payment-remittance firm begins testing its stablecoin Ripple USD (RLUSD) on the Ethereum mainnet and XRP Ledger.
Testing of Ripple stablecoin
is currently in private beta. The gains in the token came after Ripple’s Chief Legal Officer Stuart Alderoty commented on the recent lawsuit ruling between the firm and the US Securities & Exchange Commission’s , namely over whether an appeal is likely to be filed by the regulator. XRP trades at $0.5726 at the time of writing.
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