Dossier
cash equivalents
Coverage of cash equivalents in the Nexus archive.
- What Is RLUSD? Ripple’s XRP-Native Stablecoin Explained
RLUSD is a regulated stablecoin issued by Ripple Labs, designed to maintain a 1:1 value with the U.S. dollar. It is backed by cash, short-term U.S. Treasury bills, and cash equivalents, and is redeemable for U.S. dollars by approved entities.
- Trillion-dollar asset manager Invesco looks to plant a flag in tokenized stablecoin reserve sector
Invesco, a trillion-dollar asset manager, is entering the tokenized stablecoin reserve sector. The fund will focus on investments in U.S. Treasuries, repo agreements, and cash equivalents to maintain a stable $1 net asset value.