New updates have been reported about Ripple (PC:RIPLX)
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Ripple has made a significant stride in the digital asset space with the introduction of its new stablecoin, Ripple USD (RLUSD). This stablecoin, which is regulated and backed one-to-one with US dollars, is now integrated into Zero Hash’s infrastructure. The integration allows Zero Hash customers to access RLUSD on both the XRP Ledger and Ethereum networks, expanding the stablecoin’s reach and utility. This move positions Ripple to capitalize on the growing demand for reliable and compliant stablecoins, offering a robust solution for various financial applications.
Zero Hash, a leading crypto and stablecoin infrastructure provider, has incorporated RLUSD into its platform, which supports over 65 digital assets. This development underscores Ripple’s strategic push to enhance its stablecoin offerings and strengthen its presence in the digital finance ecosystem. By leveraging Zero Hash’s API and SDK, Ripple aims to facilitate seamless integration for partners, enabling diverse use cases such as cross-border payments and tokenization. The collaboration with Zero Hash not only broadens RLUSD’s accessibility but also reinforces Ripple’s commitment to innovation and regulatory compliance in the rapidly evolving digital currency market.