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December 13, 2024

Ripple’s New Stablecoin RLUSD Enters Final Testing Phase Amid XRP Surge

Ripple Labs has minted 13.9 million RLUSD tokens across both the XRP Ledger and Ethereum Network as it enters the final testing phase. The launch comes as XRP’s price reaches $2.35, exciting investors who anticipate the upcoming regulated stablecoin. This potential release marks a significant advancement for Ripple in the competitive cryptocurrency market. Participants in the XRP ecosystem are closely analyzing these developments, expecting enhanced stability and utility from RLUSD, reinforcing Ripple’s position in the evolving landscape of digital finance.

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