Mastercard backs Ripple’s RLUSD stablecoin at XRPL Hackathon in New York

Mastercard has expressed strong support for Ripple ’s RLUSD stablecoin during the XRPL Hackathon currently underway in New York City. The hackathon, a major event for the XRP Ledger developer community, gathers technologists, entrepreneurs, designers, and finance professionals to build new applications using the XRP Ledger ecosystem. Community member Lost Art reported that Mastercard representatives publicly endorsed RLUSD while outlining partner pitch expectations at the XRPL Commons Hackathon. The event runs from October 24 to 25, just ahead of Ripple’s flagship Swell conference. Hosted by XRPL Commons, a non-profit dedicated to fostering the XRP Ledger ecosystem, the hackathon centers on AI-driven financial technology. Participants compete in a 36-hour development sprint, with mentorship and judging from organizations including Mastercard, Ripple, the XRP Ledger Foundation, Ledger, Amazon Web Services, and QuickNode.

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