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