GOLDILOCKS
Okay. It is official. Ripple and the SEC are doing more than playing ball together. They are in business together.
"Ripple has filed a new trademark for the phrase “RLUSD,” suggesting the likely listing symbol for its proposed dollar-based stablecoin." https://trademarks.justia.com/985/37/rlusd-98537677.html
A trademark does three things:
* It identifies the source of your product
* It provides legal protection for your brand name and product
* It protects you against counterfeiting and fraud
This officially ties the SEC and Ripple together in a partnership. This new filing has given them intellectual property rights to copy and expand in a business together.
This love/hate relationship has certainly turned a corner. As the pages are turned on their past relationship in courts, it will certainly be interesting to read the next chapters of what they can do together.
© Goldilocks
https://thecryptobasic.com/2024/05/22/ripple-files-trademark-for-rlusd-stablecoin-instead-of-usdr-or-usdx/
https://www.maynardnexsen.com/publication-8-reasons-why-your-business-needs-a
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