Bitcoin Cash (BCH) vs Ripple USD (RLUSD)

Bitcoin Cash is a Proof of Work (PoW) blockchain that was born on August 1, 2017, following a hard fork from Bitcoin due to a disagreement within the Bitcoin community. While the majority of the community chose to adopt the SegWit proposal, a dissenting faction decided to split the blockchain (hard fork) and implement their own improvement, namely an increase in block size from 1 MB to 8 MB, following the original vision of Satoshi Nakamoto.

Ripple USD (“RLUSD”), issued by Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs, is a USD denominated stablecoin created with trust, liquidity, and compliance at its core. Each RLUSD is backed by at least an equivalent amount of U.S. dollars and other cash equivalents. RLUSD is purpose-built for cross-border payments and delivers reliable access to digital dollars. As an industry leader for over a decade, Ripple has a proven track record of delivering breakthrough blockchain solutions at scale. Strong ecosystem relationships built over a decade facilitates RLUSD’s broad accessibility for use by financial institutions, enterprises and developers. Ripple’s commitment to regulatory compliance, combined with its global license portfolio, enables RLUSD users to transact with confidence. RLUSD delivers the reliability of USD combined with the efficiencies of blockchain technology in a trusted, liquid, and compliant manner.