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Ripple’s Stablecoin RLUSD Reaches New Milestone with 2,008,333 Units Issued
In a significant move, Ripple has announced the issuance of 2,008,333 units of its stablecoin, RLUSD. This development marks another milestone for the company as it continues to expand its reach in the decentralized finance (DeFi) space.
As previously reported, RLUSD initially launched on prominent platforms such as Uphold, Bitso, MoonPay, Archax, and CoinMENA. The token has since made its way to other major exchanges like Bullish and Bitstamp.
Ripple President Monica Long expects an even greater expansion of the RLUSD stablecoin in the near future. She hinted that more listings are imminent, allowing users access to a broader range of DeFi services and applications.
The issuance of 2,008,333 units of RLUSD demonstrates Ripple’s commitment to driving innovation and growth within the blockchain and cryptocurrency sectors.
Source: u.today
