Deloitte has verified that Ripple's RLUSD stablecoin is fully backed by $1.57 billion in liquid reserves. This confirmation comes as of February 27, with the stablecoin having 1.49 billion units in circulation. The audit by Deloitte underscores the financial stability and transparency of Ripple's stablecoin offering.
Deloitte Confirms Ripple's RLUSD Stablecoin Fully Backed by $1.57B Reserves
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