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Ripple Issues ‘Say Hello to RLUSD’ Post With Access to RLUSD Whitepaper
The post Ripple Issues ‘Say Hello to RLUSD’ Post With Access to RLUSD Whitepaper appeared on BitcoinEthereumNews.com. Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Ripple, the San Francisco-based blockchain behemoth, which operates the currently third largest cryptocurrency XRP, has issued a tweet that highlights the recent official release of the company’s new product RLUSD and shares details of it, as well as access to the whitepaper. “Say hello to Ripple USD” In the aforementioned Ripple post, the company invited the crypto community to “say hello to Ripple USD” — a product “backed by over 10 years of on-chain experience.” The post also contains a link leading the Ripple website where anyone can gain access to the RLUSD whitepaper. The RLUSD page on Ripple’s website says that the company’s new product offers payments in real-time and seamless fiat to RLUSD stablecoin on/off ramps. It allows holding, buying and trading tokenized USD using the new stablecoin that lives up to high standards and backed by cash reserves, Treasuries and similar cash equivalents. RLUSD whitepaper revealed by Ripple The stablecoin was issued both on the Ethereum blockchain and XRP Ledger after several months’ testing, which started in August and ended in December. According to the whitepaper that is accessible on the website, the RLUSD stablecoin offers high speed and low-cost transactions, along with high scalability on XRP Ledger — the latter allows conducting more than 1,500 transactions per second. Ripple plans to utilize RLUSD…
The post Ripple Issues ‘Say Hello to RLUSD’ Post With Access to RLUSD Whitepaper appeared on BitcoinEthereumNews.com.
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Ripple, the San Francisco-based blockchain behemoth, which operates the currently third largest cryptocurrency XRP, has issued a tweet that highlights the recent official release of the company’s new product RLUSD and shares details of it, as well as access to the whitepaper. “Say hello to Ripple USD” In the aforementioned Ripple post, the company invited the crypto community to “say hello to Ripple USD” — a product “backed by over 10 years of on-chain experience.” The post also contains a link leading the Ripple website where anyone can gain access to the RLUSD whitepaper. The RLUSD page on Ripple’s website says that the company’s new product offers payments in real-time and seamless fiat to RLUSD stablecoin on/off ramps. It allows holding, buying and trading tokenized USD using the new stablecoin that lives up to high standards and backed by cash reserves, Treasuries and similar cash equivalents. RLUSD whitepaper revealed by Ripple The stablecoin was issued both on the Ethereum blockchain and XRP Ledger after several months’ testing, which started in August and ended in December. According to the whitepaper that is accessible on the website, the RLUSD stablecoin offers high speed and low-cost transactions, along with high scalability on XRP Ledger — the latter allows conducting more than 1,500 transactions per second. Ripple plans to utilize RLUSD…
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