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Ripple CEO Brad Garlinghouse announces plans for a 1:1 USD-pegged stablecoin, leveraging Ripple's financial expertise. With the stablecoin market projected to reach $2.8 trillion by 2028, Ripple's entry aligns strategically. Backed by US dollar deposits and treasuries, Ripple's stablecoin promises transparency and trust. Bullish sentiment surrounds XRP amidst Ripple's growing influence in crypto.
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