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rlusd?

$XRP (XRP.CC)$ can u buy the rlusd on moomoo? or how does that work?
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  • Hao Tang6 : RLUSD has not been released yet.

  • Shootingstar : from my understanding rlusd is to only be used by financial instituions for use case basis to prevent misuse but I maybe wrong [undefined]

  • poorboyhasmoneybrain : all cryptos will be well regulated soon by USA to prevent misuse( proper regulatory framework). not just RLUSD sir. the main function of RLUSD(token) is to have less volatility of price peg to USD 1:1(which means investor or financial bodies don't have to worry big drop or big increase of price )and has the xrp technology function to do cross border payment through xrp ledger. don't use your own understanding(this is not a joke when you people don't even know what you invested in ). go find out what volatility means. don't be too happy of the use of RLUSD. it will temporary help xrp price to boost xrp liquidity. but later on there are two group of people , one will use xrp , and the other will use RLUSD. since both have the same function to do cross border payment with very cheap cost. it's like coca cola. you have normal coke and the other diet coke.(eventually this will create competition) however don't worry long term xrp will still bring greater long term value benefits. Overall it's good for the Ripple company itself definitely.

  • ohhhhh that guy OP poorboyhasmoneybrain : thank u!