New Stable Coin Launched–RLUSD

[SilverLance]

In the crypto market, there are many stable coins used by investers, namely USDT and USDC.

Now Ripple stable coins RLUSD has been approved by NYDFS to be launched in the crypto industry. Do you think you will like to use/try it when it hits the market?

 

[Trush Jodie]

It is a good thing that we have more options when it comes to stable coins. Hope transaction fees with this stable coin would be low.

 

[SilverLance]

XRP is known for its low fee and fast transaction. I hope they remain as so RLUSD.

 

[Nomad]

What are they backing their stable coin with? Is there any real world asset backing this stable coin?

 

[SilverLance]

Stablecoins are backed with dollar and this one is too.

 

[riberet19]

I had never heard of Ripple's stablecoin, I haven't seen any exchanges that trade it, at least the ones I use...