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Ripple’s stablecoin will be available on the XRP ledger and Ethereum blockchain

Crypto

Hedge Funds Correspondent

US-based blockchain and crypto firm Ripple is planning to launch a stablecoin to enter the $150bn market.

The US dollar-pegged stablecoin will be backed by dollar deposits, short-term US government treasuries and other cash equivalents, Ripple said on 4 April.

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Crypto firm Ripple to launch stablecoin

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