Is Collaboration Coming Between XRP and Tron (TRX)? Justin Sun Signals!

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Bitcoinsistemi2024/12/05 15:11

By:Elif Azra Güven

Justin Sun has signaled that XRP-backed stablecoin RLUSD could be integrated into the Tron (TRX) network.

According to Fox Business, Ripple is preparing to launch its US dollar-pegged stalecoin Ripple USD (RLUSD).

Accordingly, Ripple is expected to launch RLUSD today, December 4.

Unveiled in June, RLUSD will reportedly launch as a 1:1 USD-backed stablecoin backed by 100% USD deposits, short-term US government bonds, and other cash equivalents.

Ripple stated in its statement that once RLUSD is launched, it plans to use both RLUSD and XRP for cross-border payments to serve its global customers.

Now the big day has arrived and as the crypto community awaits the launch of RLUSD, Tron (TRX) founder Justin Sun has made a critical exit.

Justin Sun signaled in his post from his X account that the XRP-backed stablecoin RLUSD could be integrated into the Tron network.

When $XRP RLUSD on Tron $TRX

— H.E. Justin Sun 🍌 (@justinsuntron) December 4, 2024

*This is not investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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The Block•2025/01/17 21:33