Gate News message, April 16 — Ripple’s RLUSD stablecoin is now available as collateral for futures trading on Bitrue, allowing traders to post RLUSD as margin and improve capital efficiency. Using stablecoins as collateral reduces exposure to market volatility in leveraged trading environments while maintaining liquidity.
Deloitte has independently verified that RLUSD is fully backed by reserves, maintaining a 1:1 dollar peg. Beyond trading platforms, Ripple is expanding RLUSD into real-world financial infrastructure through a pilot in Ghana focused on modernizing tax collection and reporting for micro, small, and medium-sized enterprises (MSMEs). The blockchain-based settlement system aims to simplify tax calculation, reporting, and payment processes while providing authorities with clearer oversight.
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