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Coin Edition 2024-09-09 06:50:30

Ripple’s RLUSD: Institutions-Only at Launch, CTO Confirms

Ripple’s Chief Technology Officer, David Schwartz, has confirmed that the much-anticipated stablecoin RLUSD will initially be exclusively available to institutions. This news comes ahead of regulatory approval and the official launch of Ripple’s “Real USD.” Schwartz also addressed concerns about market manipulation and money laundering, emphasizing RLUSD’s safeguards and drawing comparisons to other major stablecoins The post Ripple’s RLUSD: Institutions-Only at Launch, CTO Confirms appeared first on Coin Edition .

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