Ripple Set to Launch US Dollar-Backed Stablecoin and Explore XRP ETF Amid Legal Clarity and Global Expansion

Ripple is set to launch a US Dollar-backed stablecoin (RLUSD) and explore an XRP ETF. Legal clarity boosts US operations, but concerns remain over SEC’s strict stance on crypto. Ripple’s priorities include launching a stablecoin and expanding partnerships. Ripple’s introduction of a dollar-backed stablecoin and the potential for an XRP-based ETF mark a significant development

Source: CoinOtag