Ripple, Issuer of XRP, Gates Direct RLUSD Redemption at $1 Behind Approved Contracts
Photo: Coinotag
Ripple, the company behind the XRP Ledger, reserves direct redemption of its RLUSD stablecoin for customers who hold an approved relationship with the issuer, and simply owning the token or buying it on an exchange does not create that eligibility.
Source: Coinotag
