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Coin Edition 2024-06-10 17:30:00

Ripple Eyes Institutional Market with USD-Backed Stablecoin

Ripple is poised to launch a U.S. dollar-backed stablecoin, aiming to enhance liquidity and expand utility across its XRP Ledger and Ethereum platforms. Reece Merrick, Ripple’s Middle East and Africa Managing Director, confirmed this strategic move despite ongoing legal battles with the SEC. This stablecoin promises to bolster Ripple’s offerings in regulated markets and foster The post Ripple Eyes Institutional Market with USD-Backed Stablecoin appeared first on Coin Edition .

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