• 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

2 years 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

Render Completes 98% Migration to Solana

chest

Render Foundation announces that 98.4% of the RNDR token supply has successfully migrated to the native RENDER token on Solana.

user avatarNguyen Van Long

United Stables U Token Surpasses 1 Billion Market Cap

chest

The United Stables U token has achieved a significant milestone by surpassing a market capitalization of 1 billion, supported by Chainlink Data Feeds for pricing and collateral data.

user avatarSatoshi Nakamura

Market Confidence in NIGHT Token at Risk Following Exploit

chest

The market's confidence in the NIGHT token is at risk as traders assess the implications of the Wanchain bridge exploit.

user avatarRajesh Kumar

Wanchain Bridge Exploit Results in Major Loss for NIGHT Token

chest

A significant exploit on the Wanchain bridge resulted in the loss of 515 million NIGHT tokens, causing a sharp decline in the token's market value.

user avatarJesper Sørensen

MiCA Framework Enhances Ripple's Business Prospects

chest

The MiCA framework provides a unified regulatory regime for crypto service providers, benefiting Ripple's operations.

user avatarLucas Weissmann

Ripple's MiCA Approval Signals Industry Trend

chest

Ripple's MiCA approval reflects a broader trend of crypto companies seeking European regulatory footing.

user avatarFilippo Romano

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.