Ripple has announced partners for its new stablecoin, Ripple USD (RLUSD).

Partners include Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish.

RLUSD aims to become the "gold standard" for stablecoins, according to Ripple CEO Brad Garlinghouse.

RLUSD and XRP will be used to make cross-border payments faster and cheaper.

Will RLUSD actually be useful? Time will tell. 🤔