Ripple has started testing its stablecoin RLUSD on both the XRP Ledger and Ethereum. The move comes as part of Ripple’s efforts to expand its use cases beyond just cross-border payments. RLUSD is designed to maintain a stable value, unlike cryptocurrencies like Bitcoin that are known for their volatility. By testing RLUSD on two prominent blockchains, Ripple aims to demonstrate its versatility and potential for widespread adoption. The testing phase will provide valuable insights into the functionality and scalability of RLUSD on different blockchain networks. Stay tuned for more updates on Ripple’s stablecoin developments.
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