Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC

April 4, 2024 CoinDesk

The token will be “100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents.” according to the company.

Source: https://www.coindesk.com/tech/2024/04/04/ripple-developer-behind-xrp-ledger-enters-stablecoin-fray-vs-tether-usdc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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