🚨 Bank of America enters the stablecoin arena... and its choice may be RLUSD! 💥
Expectations have increased regarding Bank of America's adoption of Ripple's RLUSD as the leading official option in its upcoming strategies!
The reason?
✅ Strict regulation (NYDFS)
✅ Institutional support from BNY Mellon
✅ Interoperability across Ethereum and XRP Ledger networks
And most importantly…
Every transaction using RLUSD burns a fee in XRP 🔥
This means demand increases… supply decreases… and the result? Potential value increase in the future!
Are we witnessing the beginning of a major shift in the world of institutional stablecoins? 👀
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