Loading...
Market
RLUSD launched by end of 2024?
5
Ripple•Ripple USD•XRP Ledger Community Summit•XRP Ledger•Ethereum•Brad Garlinghouse•Emi Yoshikawa•Strategic Initiatives
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from Ripple or major financial news outlets
Story
Ripple Unveils New Stablecoin RLUSD at #XRPLApex 2024
Jun 12, 2024, 02:03 PM
Ripple has unveiled a new stablecoin named Ripple USD (RLUSD) at the XRP Ledger Community Summit during #XRPLApex 2024. The stablecoin, which is backed 1:1 by USD, aims to offer transparency and stability on both the XRP Ledger and Ethereum. Brad Garlinghouse, CEO of Ripple, introduced the stablecoin, emphasizing its reliability by referring to it as 'Real USD.' Emi Yoshikawa, Vice President for Strategic Initiatives at Ripple, also confirmed the ticker symbol $RLUSD. The stablecoin is expected to be launched later this year.
View original story
Similar markets
With a financial institution • 33%
With a tech company • 33%
No major partnership • 33%
Stablecoin approved • 50%
Stablecoin rejected • 50%