What Is RLUSD and Why Does Ripple Need a Dollar Stablecoin?
A company moving $10 million across borders has a problem that is easy to miss in crypto: the blockchain may settle the transaction quickly, but the asset being transferred can change value while it moves.That is where RLUSD enters the picture.Ripple USD, or RLUSD, is a dollar-backed stablecoin designed to maintain a value of one US dollar. It is a separate asset from XRP, the native token of the XRP Ledger.
XRP has a market price that moves with supply and demand; RLUSD is designed to provide a