Ripple’s RLUSD Emerges as Top Stablecoin Choice for Bank of America
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Key Points
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Description
Ripple’s new stablecoin, RLUSD, is getting a lot of attention as a top choice for Bank of America’s (BofA) stablecoin plans. This is due primarily to RLUSD having strong legal support and a growing user base. It also adheres to the strict rules that major banks and financial companies must comply with. A recent statement from a top leader at Bank of America has sparked further interest. It suggests that the bank may be looking closely at RLUSD for its stablecoin launch. Bank of America Shows Int...
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