🚨BREAKING: @Ripple’s stablecoin $RLUSD will go live on Tuesday, December 17th.
📌$RLUSD will initially be available on @UpholdInc, @moonpay, @ArchaxEx and @CoinMENA, with additional listings on platforms such as @Bitso, @Bullish, @Bitstamp and others in the coming weeks.
📌Early next year, Ripple Payments will use $RLUSD to facilitate global payments on behalf of its enterprise customers.
📌Ripple will add two new members to its advisory board: Former Governor of the Reserve Bank of India Raghuram Rajan and former First Vice President and Chief Operating Officer of the Federal Reserve Bank of Boston Kenneth Montgomery.
📌Rajan and Montgomery will join existing board members former @FDICgov Chair Sheila Bair, Vice Chairman of Partners Capital @DavidPuth, and Ripple co-founder and Executive Chairman @chrislarsensf.
🧵 We all know that the collapse of Do Kwon's fraudulent stablecoin, UST, left a wake of destruction & suffering. But what - precisely - happened? Here are some of the victims' stories. There are no accompanying words necessary from my end. Welcome to Do Kwon's legacy.
Sen. Chris Murphy delivers remarks on Uvalde, Texas elementary school shooting: “What are we doing? What are we doing?…This only happens in this country and nowhere else. Nowhere else do little kids go to school thinking that they might be shot that day." https://t.co/Zh3OvUaIwm
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🚨NEW: Ripple's General Counsel @s_alderoty statement to FOX Business:
“Once released, these documents will show that in 2012 Ripple received a legal analysis that XRP was not an investment contract. The fact that it took the SEC eight years to suggest they disagreed with that