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Ripple to launch USD backed stable coin on xrpl and eth

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by COINS NEWS 15 Views

Ripple to launch USD backed stable coin on xrpl and eth

Pegged 1:1 with usd, bonds and cash equivalents.

Interesting the alleged cross crypto element with both xrp and eth.

Heckle away but ripple usually pretty transparent so can’t hurt against the low bench mark of such things on tether and usdc.

Explains the current price jump.

submitted by /u/scoobysi
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