Nikolas Sargeant
Trinity College in Dublin has become the first Irish university to join Ripple’s University Blockchain Research Initiative (UBRI). The collaboration will see Trinity establish a blockchain research hub at the Adapt Research Ireland Centre, focused on advancing blockchain technology, improving cryptocurrency cybersecurity, and developing fintech innovations. With $200,000 in funding over two years, the university will also host an XRPL validator, contributing to Ripple’s decentralized network. The partnership aims to foster real-world solutions, including a decentralized social media platform, and promote blockchain adoption through educational initiatives.
Ripple’s Recent Work on USD Stablecoin
In addition to its academic partnerships, Ripple has made strides in the stablecoin space with the launch of its Ripple USD (RLUSD) stablecoin. Approved by the New York Department of Financial Services, RLUSD is pegged to the U.S. Dollar and is set to launch on December 17th. To ensure the stablecoin's reliability, Ripple has adopted Chainlink’s standard to access secure and accurate pricing data, ensuring stability and transparency for the asset. This marks another step in Ripple's broader plan to revolutionize the financial system with blockchain-based solutions.
