Ripple Injects $150M into LMAX to Accelerate Institutional Adoption of RLUSD

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Ripple has invested $150 million in LMAX Group to boost the institutional adoption of RLUSD, its dollar-pegged stablecoin. David Mercer, CEO of LMAX, provided the information and stated that this multi-year agreement will integrate the RLUSD token into its global exchange infrastructure, serving as a core asset for collateral and settlements.

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Telemac
Telemachttp://cryptoinfo.ch
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