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RLUSD

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The RLUSD, is Ripple’s USD-pegged stablecoin, a state-of-the-art digital asset designed to answer the needs for stability and efficiency in the fast-changing cryptocurrency market. The RLUSD is issued on the XRP Ledger, and it’s pegged at a 1:1 basis with the US dollar to insure very low price-volatility. It maintains the speed and low cost of blockchain transactions. The following article will provide insight into the basic concept of RLUSD, its peculiar features, and its…