Why Ripple is launching a dollar-backed stablecoin
What is Ripple’s stablecoin project? The as-yet-unnamed stablecoin developed by Ripple intends to function as a digital representation of the US dollar. In early 2024, Ripple, a prominent name in the blockchain and cross-border payment sector, revealed its entry into the stablecoin industry. This move has the potential to significantly affect Ripple’s growth and shape … Read more