Ripple’s Senior Vice President of Stablecoins, Jack McDonald, confirmed on October 29 that the company is actively freezing RLUSD holdings linked to a potential exploit on Binance, the largest crypto security incident on record. The move positions RLUSD as a regulated stablecoin built to respond in real time when institutional safeguards matter most. Ad Ad
The post Ripple Freezes $200M RLUSD as Binance Faces Record $6.3B Hack appeared first on CoinGape.
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.