News Formal

Ripple Enters Stablecoin Market with U.S. Dollar Stablecoin

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Cryptocurrency News

Ripple,Stablecoin,U.S. Dollar

Blockchain firm Ripple is launching a U.S. dollar stablecoin, entering the $150 billion stablecoin market. The company plans to compete with Tether and Circle. Ripple will initially launch its stablecoin in the U.S. and may expand to other regions. In 2020, Ripple faced accusations from the U.S. SEC for violating securities laws.

Blockchain firm Ripple is entering the stablecoin market with the launch of a U.S. dollar stablecoin. The company plans to compete with stablecoin giants Tether and Circle. Ripple will initially launch its stablecoin in the U.

S. and may expand to other regions in the future. In 2020, Ripple faced accusations from the U.S. SEC for violating securities laws.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ripple to launch U.S. dollar stablecoin, taking on a $150 billion market dominated by Tether, CircleBlockchain firm Ripple said it’s launching a U.S. dollar stablecoin, marking an entry into the $150 billion stablecoin market.
Source: NBCLA - 🏆 319. / 59 Read more »