Ripple Enters Stablecoin Market with U.S. Dollar Stablecoin

📆 04.04.2024 16:38:00
📰 CNBC

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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.

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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.
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