Ripple #Rail #RLUSD #Stablecoins #BinanceArabic
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Ripple buys Rail platform… what does this mean for the RLUSD currency?
In a massive deal, Ripple acquired the Rail stablecoin infrastructure platform for $200 million. The goal? To boost the $RLUSD currency backed by Ripple and expand the global payment network.
The deal is not just an ordinary acquisition, but an indication that Ripple is transforming from just a money transfer protocol into a major force in the stablecoin market.
The deal is not just an ordinary acquisition, but an indication that Ripple is transforming from just a money transfer protocol into a major force in the stablecoin market.
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