XRP News: Braza Group To Launch USDB Dollar-Backed Stablecoin On XRP Ledger

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XRP News: Braza Group To Launch USDB Dollar-Backed Stablecoin On XRP Ledger - CoinGape

Quick Summary:

In a recent XRP news update, Brazil-based financial services company Braza Group has launched a new USD-backed stablecoin, USDB, on the XRP Ledger (XRPL).

The announcement was made on May 22, as part of Braza’s broader effort to expand digital asset solutions across Latin America and beyond.

Individuals can purchase the USDB stablecoin via the Braza On application, while institutional clients can also access the asset.