_🚨⚠️🚨Ripple Unveils RLUSD Distribution: $47.4 Million Across XRPL and Ethereum_ 🚨

$XRP $ETH 🌏⤴️🪙

Ripple has revealed the distribution of its highly-anticipated RLUSD stablecoin, with $34.8 million on the XRP Ledger (XRPL) and $12.6 million on Ethereum.

_RLUSD by the Numbers_ 📊

- Total supply: $47.4 million

- XRPL: $34.8 million

- Ethereum: $12.6 million

_Key Features of RLUSD_ 🤝

- Issued under New York Trust Company Charter for rigorous oversight

- Advisory board includes former FDIC Chair Sheila Bair and Ripple co-founder Chris Larsen

- Designed for payments, tokenization, and decentralized finance use cases

- Integrated into Ripple's cross-border payments solution alongside XRP

_Expert Insights_ 💡

"Ripple's RLUSD has the potential to become a leading enterprise-grade stablecoin." - Crypto Analyst

_Ripple's CEO on RLUSD_ 🗣️

"RLUSD will set the gold standard for trust, liquidity, and compliance." - Brad Garlinghouse

_Partnerships_ 🤝

- Uphold

- Bitstamp

- Bitso

- MoonPay

- Independent Reserve

- CoinMENA

- Bullish

_Public Launch_ 📅

RLUSD is set to launch publicly in Q4 2024

_Source:_

CoinDesk

Date: October 2024

#Ripple #RLUSD #Stablecoin #XRPledger #Ethereum #Cryptocurrency #blockchaintechnolo