Mastercard named RLUSD among new settlement options, attendee reports event praise

Mastercard appeared to express positive sentiment about Ripple ‘s RLUSD stablecoin during the XRPL Commons Hackathon in New York, according to a report from an event attendee. RLUSD serves as a stablecoin on the XRP Ledger, which is designed to facilitate efficient, low-cost payments and settlements. The statement about RLUSD came during a presentation on partner engagement, although Mastercard did not issue any official endorsement during the event. XRPL Commons organized the 36-hour hackathon in New York on October 24 and 25, just ahead of Ripple Swell.

Source: CoinTurk News