US Treasury Analyzes Stablecoin Reserves: Ripple’s RLUSD Compared to USDT, USDC

The U.S. Treasury Department is closely scrutinizing stablecoins, and a recent presentation to the Treasury Borrowing Advisory Committee (TBAC) has highlighted Ripple’s RLUSD in this analysis alongside industry giants like Tether (USDT) and Circle (USDC). The report seeks to understand the backing of these digital dollars as the GENIUS Act, a proposed regulatory framework for stablecoins, nears approval in the U.S. Senate. ]