Ripple Kicks Off Beta Testing for Its New RLUSD Stablecoin on the XRP Ledger and Ethereum

Ripple has kicked off beta testing for its new dollar-pegged stablecoin, Ripple USD (RLUSD), on the XRP Ledger and the Ethereum (ETH) mainnet. The San Francisco payments company notes Ripple USD is not yet available for purchase and is still subject to regulatory approval. The firm says the stablecoin will be fully backed by cash The post Ripple Kicks Off Beta Testing for Its New RLUSD Stablecoin on the XRP Ledger and Ethereum appeared first on The Daily Hodl .