USDX: an XRP-Backed Stablecoin? Ripples Xpring Invests In XRP Stablecoin Use Case.

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  • Published on:  Thursday, May 16, 2019
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    Keywords: Ripple News , XRP news, Ripple XRP News, Bitcoin Cryptocurrency
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  • gem villamin
    gem villamin  7 days ago

    LHT IS THE BACKED UP CURRENCY OF USDX WHICH I HAVE BOUGHT

  • Victor Matos
    Victor Matos  7 months ago

    I don't think xrp has addressed price fluctuation issues when it comes to remittance payments and moving value from bank to bank... don't think USDX addresses this.

  • The Spanish Bull
    The Spanish Bull  8 months ago

    Stable coin is that don’t lose value or what?

  • just an expendable human

    If it was XRP would be loooooooots higher.

  • Micky B. Fresh
    Micky B. Fresh  8 months ago

    The most important part of USDX is that it’s a 3rd generation stablecoin that is fully decentralized

  • Planet Kripto
    Planet Kripto  8 months ago

    is there any website on usdx?

  • Moon Lambo
    Moon Lambo  8 months ago

    I've noticed a lot of confusion in the comments here about whether or not USDX stablecoin is backed by XRP. According to this article by AMB Crypto, the answer is "yes." It's under development now by Kava though they are still determining the feasibility of the project. Here is a link to the story: https://ambcrypto.com/xrp-backed-stablecoin-usdx-is-under-development-confirms-kava-labs-co-founder/amp/?utm_source=twitter.com&utm_medium=social&utm_campaign=xrp-backed-stablecoin--usdx--is-under-de&utm_source=twitter.com&utm_medium=social&utm_campaign=xrp-backed-stablecoin--usdx--is-under-de&__twitter_impression=true

  • Jacob Tiscareno
    Jacob Tiscareno  8 months ago

    The start of getting into the SDR is the stablecoin phase this is lit xrp is about to be the US dollar of cryptocurrencies hodl

  • zach ohare
    zach ohare  8 months ago

    Is this a good thing?

  • I Bought Charlie Lee's Bags

    Ho-Lee-A-Cow, look like XRP-A-Nukem to me - Lo Wang

  • Bitcoin Satan
    Bitcoin Satan  8 months ago

    XRP crap stable coin headed back to 30 cents as David Schwartz trashes his Ripple price. I warned you all to dump. Novogratz pump is trading sideways before it heads down another 20 percent. Mike Novogratz does this same pump every few months.

  • Leo theLion
    Leo theLion  8 months ago

    Could ripple hit $10k

  • Crypto Kev
    Crypto Kev  8 months ago

    This could potentially be huge. The more XRP that gets locked away, the higher the value and to have some out there that's actually backed by XRP is massive! Unlike the U.S. dollar that's backed by nothing but your hopes and dreams that it will always remain being worth a dollar. Zoom out! XRP! HODL!

  • Jonathan
    Jonathan  8 months ago +1

    PROTECT THE XRP COMMUNITY~!!! RIPPLE SHOULD BURN/DESTROY 90% of their 55 billion coins that they hold in escrow! It will be fair to the investors in XRP! They own such a massive supply close to 55 billion that they did not buy or invest.... they just pre-mined and are allowed to sell it ''slowly'' indefinitely! That's called a never-ending ICO!!! they sold 535 million last year, and have just released another billion to sell this month and can do so every month until they sell their 55 billion. IF YOU REALLY WANT THE XRP PRICE TO GROW THEN AS A XRP COMMUNITY YOU NEED TO DEMAND that 90% of there 55 billion XRP coins get burned and destroyed never to be sold! This will help with decentralization, demand will increase value in the coin instead of the company selling it equal to the market demand thereby making the price unchanged! ELSE we should fight for it to be legalized as a security

  • batty roy
    batty roy  8 months ago

    PEG definition- fix (a price, rate, or amount) at a particular level.
    synonyms: hold down, keep down, fix, set, hold, control, freeze, limit
    "we decided to peg our prices"

  • Kal El
    Kal El  8 months ago

    XRP is the stablecoin xD

  • SilverLimey 79
    SilverLimey 79  8 months ago

    I said months ago that they should move into the domestic market for use case purchasing etc. Great news

  • Jay big
    Jay big  8 months ago

    Why don't you have a dump 💩 and fomo stream mate?

  • CB B
    CB B  8 months ago

    XRP has dropped below $0.40 usd 😕

  • XRP Groupie
    XRP Groupie  8 months ago

    If
    i can get 50,000k xrp in my wallet..I will get me XRP tattoo and will
    do a video of it. I must be the poorest XRP hodler :(
    rapknC8MQMqQqf1mkSNQYxfYpqSfJ9Em2i. I believe in XRP and the
    conversation i will be having with the public about XRP tattoo and
    exposure shall cover for this generous contributions from the XRP
    family