XRP Holders Can Now Borrow RLUSD on Ethereum Using FXRP
XRP holders can now access a new borrowing option on Ethereum using FXRP. This development was announced by Blockster, a financial and crypto news writer. The service allows XRP holders to borrow RLUSD, a stablecoin pegged to the US dollar.
The announcement does not provide further details on how this service will work or what the terms of borrowing will be. It is also unclear whether other assets will be added to the platform in the future.