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coinpedia 2024-04-10 08:01:58

Ripple’s USD-Backed Stablecoin Set to Shake Up Tether’s Dominance

The post Ripple’s USD-Backed Stablecoin Set to Shake Up Tether’s Dominance appeared first on Coinpedia Fintech News Stablecoins—cryptocurrencies tied to stable assets like the US dollar—have become incredibly popular. Riding this wave, Ripple, known for the XRP Ledger (XRPL), has announced the launch of its own USD-backed stablecoin. This move has raised questions about Ripple’s intentions and its impact on the wider cryptocurrency scene. Ripple’s Strategic Move Analysts see Ripple’s entry into …

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