✅RLUSD
✅RLJPY
✅RLGBP.
I’m still waiting for RLEUR and RLCNY
Ripple will not house the worlds stablecoins, but rather only house RESERVE assets. Ripple is focused on wholesale money.
Once these new Ripple stablecoins are created the eSDR (IMF currency) can exist!
Each currency is allotted a weight (%) in this basket of currency. No! XRP is not an eSDR, but rather the asset that allows that currency to transfer value.
Stablecoins are defi enablers, and for DeFi to work it cannot just be ONE stablecoin.
The setup is in. RippleNet will house various stablecoins to transfer value from key reserve currencies.
•USD
•EUR
•CNY
•JPY
•GBP