Jack McDonald, SVP from Stablecoins in Ripple, has Declare The maximum Ripple USD (RLUSD) market exceeded $ 100 million.
The producer took a little more than a month to achieve the above teacher.
McDonald claims that RLUSD is excessively preserved, which means that Rippe reserves exceed the total offer from Stablecoin. The company currently has $ 6 million in reserves.
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“Ripple maintains precisely high -risk liquid reserves to ensure our ability to fully redeem,” said McDonald.
Earlier, McDonald expected that the year 2025 would be “the year Stablecoin”.
According to the data provided by Coingecko, RLUSD is currently available on platforms like Bitstamp, Bitso and Bullish.
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As U.today said, Ripple Monica President has long stated that Stablecoin “will appear” in an exciting way on more platforms earlier this month.
Rlus is still very far from catching the current market leaders. The maximum market is approaching Tether (USDT) of $ 140 billion. It is worth $ 53 billion.
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