Sept 27, 2024

Robinhood and Revolut Venture into Stablecoins with Ripple, Challenging Tether

Tether’s USDT controls two-thirds of the $170 billion global stablecoin market. 

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Ripple plans to launch its RLUSD stablecoin later this year, challenging Tether.  

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New EU crypto regulations could disrupt Tether’s dominance, opening doors for new stablecoins. 

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Experts warn of stablecoin fragmentation as more companies consider launching their own tokens. 

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