87.5K @soil_farm Most stablecoins ask you to trust the issuer.
$RLUSD asks you to verify:
→ NYDFS-regulated
→ 1:1 segregated USD reserves
→ 1:1 redemption
→ Monthly third-party attestation
→ Natively issued on XRPL
For yield infra, the base layer is not optional.
It’s the whole point. https://t.co/fwjIqXIprP
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47.3K @vincent_vancode It would greatly help the industry if @Ripple would provide an explanation as to why these RLUSD burns happen. @bgarlinghouse, no news creates a vacuum that pulls in wild conspiracies and rumours.
A simple bit of comms goes a long way to create the right industry narrative, especially for your customers.
32.0K @RL_Tracker 🔥🔥🔥🔥🔥🔥 9,890,000 #RLUSD burned at RLUSD Treasury.
https://t.co/rbYPIGfwza
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99.2K @Utoday_en Newly minted 150 million $RLUSD traced to @Gemini exchange https://t.co/bTjCtBplwB
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