According to Flare Network, there’s now a stablecoin backed with XRP running on Enosys Liquity V2. The announcement coincides with a new milestone for the XRP Ledger. Enosys Brings Liquity V2 to Flare, Unlocking XRP Stablecoin The upgrade results in increased liquidity of XRP on the blockchain and expands its utility in the decentralized finance
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Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.