Ripple Launches US Dollar Stablecoin, Enters $150B Crypto Market
Blockchain firm Ripple has announced the launch of its own U.S. dollar-pegged stablecoin, marking the company’s entry into the $150 billion stablecoin market. The move will pit Ripple against industry giants like Tether and Circle, as the crypto firm looks to establish a presence in the rapidly growing stablecoin space.