Will Ripple launch its RLUSD stablecoin today? Learn more here

Ripple is all set to launch its United States dollar-pegged stablecoin Ripple USD (RLUSD). According to Fox Business, Ripple is expected to launch RLUSD on December 4. RLUSD is pegged 1:1 to the U.S. dollar and fully backed by dollar reserves, short-term U.S. Treasury securities, and cash equivalents.