tl;dr
The XRP Ledger is undergoing a code review for RLUSD integration with Automated Market Makers, but the stablecoin is not yet publicly launched. Ripple warned users to be cautious of scams related to RLUSD, emphasizing that it is still in the private beta testing stage and advising vigilance against ...
The XRP Ledger is currently undergoing a code review to enable RLUSD integration with Automated Market Makers (AMMs), with further updates pending. Ripple recently warned users to be cautious of scams, as the stablecoin is not yet publicly launched.
In April this year, Ripple disclosed its plans to introduce a stablecoin pegged 1:1 to the American dollar, known as RLUSD. It will be available on the XRP Ledger (XRPL) and Ethereum. Ripple's CEO, Brad Garlinghouse, has expressed that it could serve as a bridge between the cryptocurrency industry and traditional finance. The private beta testing phase has seen the minting and burning of thousands of RLUSD tokens. The XRP Ledger amendment to allow tokens like RLUSD to be utilized in AMMs has passed a code review, with further steps awaited for validation by validators.
However, despite these developments, RLUSD is still in the private beta testing stage, and Ripple has issued a warning against scams related to RLUSD, emphasizing that it is not yet available to the public.
Ripple's team cautioned users to remain vigilant, stating that while on-chain activity may be observed, RLUSD is not yet available for use. They advised the community to stay updated on official announcements and to be wary of fraudulent claims related to RLUSD.
As the cryptocurrency market eagerly anticipates the launch of RLUSD, it is essential for users to exercise caution and wait for official communication from Ripple regarding its public release.
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General Dynamics Corporation Summary
General Dynamics Corporation (GD) is an American aerospace and defense corporation. It is headquartered in Reston, Fairfax County, Virginia.
Sector: Manufacturing
Subsector: Ship & Boat Building & Repairing
Market Cap: $82.07 billion
P/E Ratio: 23.28
EPS: 5.48
Dividend (Yield): 12.83 (1.64%)
52-Week High: $164.48
52-Week Low: $78.90
Revenue: $44.95 billion
Operating Margin: 324.11
Profit Margin: 20.7%
Return on Equity: 18%
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CNA Financial Corporation offers commercial property and casualty insurance products primarily in the United States.
Industry: Finance, Fire, Marine & Casualty Insurance
Market Cap: 13,105,754,000
P/E Ratio: 10.3
EPS: 1.72
Dividend Yield: 4.7%
Current Price: $50.85
Beta: 0.0927
Revenue: 13,806,000,000
Operating Margin: 49.5%
Net Income: 0.122
Return on Equity: 6.5%
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Tanzanian Royalty Exploration Corp, Tanzanian Gold Corporation is engaged in the exploration and development of mineral property interests in the United Republic of Tanzania. The company is headquartered in Vancouver, Canada.
Industry: ENERGY & TRANSPORTATION
Primary Products: GOLD AND SILVER ORES
Market Cap: 106,937,000
Dividend Yield: None
Beta (5Y Monthly): 0.127
EPS (TTM): -0.0306
Volume: 36,723,000
PE Ratio (TTM): 1.38
52-Week Range: 2.549 - 0.625