Ripple Labs Starts Burning RLUSD Stablecoin: What Does This Mean for the Upcoming Launch?

TL;DR Ripple Labs has started burning its new stablecoin, RLUSD, as part of efforts to ensure a smooth and successful launch, following a private beta on XRPL and Ethereum. Regulatory challenges: Ripple was fined $125 million for violating securities laws but remains committed to RLUSD’s development, focusing on compliance and market readiness. Market competition: RLUSD ... source: https://crypto-economy.com/ripple-labs-starts-burning-rlusd-stablecoin-what-does-this-mean-for-the-upcoming-launch/