Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC

Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC

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Source: Coindesk.com

Ripple, the enterprise-focused blockchain service and creator of the XRP Ledger, is introducing its own stablecoin pegged to the price of the U.S. dollar.

"The stablecoin market is over $150 billion today and is forecasted to exceed $2.8 trillion by 2028," Ripple said in a statement shared with CoinDesk. "There’s clear demand for stablecoins that deliver trust,

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The post "Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC" appeared first here Coindesk.com.

Source: Coindesk.com

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