• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple Launches RLUSD Stablecoin: International Payments Enter a New Level

user avatar

by Giorgi Kostiuk

a year ago

American fintech company Ripple announced the launch of the RLUSD stablecoin. This event led to an increase in XRP by more than 15%.

Launch of RLUSD Stablecoin

Ripple plans to introduce its much-anticipated RLUSD stablecoin this Tuesday. This launch creates favorable conditions for the XRP token, which has risen by more than 15% over the past week.

Market Welcomes New Prospects

RLUSD received approval from the New York Department of Financial Services last week. Initially, the stablecoin will be listed on Uphold, Bitso, MoonPay, Archax, and CoinMENA exchanges, with further expansions planned.

The Future of International Payments

Ripple aims to become the leading network for cross-border transactions with the launch of RLUSD. Ripple Payments plans to start using RLUSD for international payments early next year, marking a new milestone in the development of international payment systems.

The launch of Ripple's RLUSD stablecoin could significantly change the market for international payments, opening up new opportunities for the development of financial technologies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

JPMorgan's Kinexys Payment System Approaches $10 Billion in Daily Transactions

chest

JPMorgan's blockchain-based payment system, Kinexys, is nearing $10 billion in daily transaction volumes as it expands into the industrial sector.

user avatarSatoshi Nakamura

Mitsubishi Corporation to Utilize JPMorgan's Kinexys for Faster Fund Transfers

chest

Mitsubishi Corporation will adopt JPMorgan's Kinexys platform to streamline its global supply chain payments and reduce settlement times.

user avatarNguyen Van Long

Developers Gain Access to Live Public RPC Endpoint

chest

Developers can now access a live public RPC endpoint to connect wallets, query blockchain data, and test smart contracts on the Pi Testnet.

user avatarJesper Sørensen

Charles Hoskinson Launches Direct Attack on Ripple Over CLARITY Act

chest

Charles Hoskinson criticizes Ripple and its CEO for allegedly manipulating the CLARITY Act to eliminate competition, warning of potential legal risks for developers.

user avatarRajesh Kumar

Market Analyst Highlights Risks in Bittensor's Economic Model

chest

Market analyst Alex Carchidi warns of a valuation mismatch in Bittensor's tokenomics that could impact TAO's price.

user avatarFilippo Romano

Polymarket Introduces Esports Trading Competition: The Legend Trade Series

chest

Polymarket has announced the launch of the Legend Trade Series, a groundbreaking live trading competition that combines the excitement of esports with crypto trading.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.