Breaking News: Ripple to Launch USD-Pegged Stablecoin, RLUSD, Amid SEC Tensions

Breaking News: Ripple to Launch USD-Pegged Stablecoin, RLUSD, Amid SEC Tensions

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As anticipated, the Korea Blockchain Week has brought out info about some mind-blowing advancements mostlikely to hit the cryptocurrency market in the coming months. During a discussion with media outlets at the occasion, Ripple CEO Brad Garlinghouse revealed his company’s strategy to launch a U.S. dollar-pegged stablecoin, called Ripple USD (RLUSD). Read on to understand more about this interesting discussion!

RLUSD Launch: A New Era for Crypto? 

It is thought that presently, the stablecoin of Ripple is in a personal beta stage. Though the Ripple CEO provided no tip about the launch date, it is anticipated that the stablecoin will hit the market in a coupleof weeks. 

Ripple CEO’s Stane on SEC

Garlinghouse revealed no hesitation in tossing his criticism towards the United States Securities and Exchange Commission. He pointed out the bitter difficulties cryptocurrency business face due to the hostile mindset of the SEC towards crypto-related service activities. He war

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