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

Ripple Launches Stablecoin RLUSD with Over $100 Million Daily Trading Volume

user avatar

by A1

3 hours ago

Ripple has launched the new stablecoin RLUSD, showing significant trading volumes. Many are curious about the impact on XRP.

Ripple’s RLUSD Strategy

Austin King, a former Ripple employee, shared details on Ripple’s strategy for promoting RLUSD. Ripple employs a liquidity-driven model to boost RLUSD adoption.

Liquidity is a flywheel. The more trading activity an asset has, the more incentivized other exchanges will be to integrate that asset. This idea is foundational to every initiative driven by Ripple.Austin King

Key Elements of the RLUSD Strategy

The strategy includes tokenization of real-world assets and DeFi dominance. The partnership with Chainlink to integrate RLUSD into DeFi protocols marks a significant step.

Leveraging Existing Partnerships

Ripple plans to use its network of banks and fintechs through RippleNet to support RLUSD adoption and implement it among its partners.

The RLUSD stablecoin launched by Ripple has the potential to become a central element in global payments, with 2025 marking a significant growth phase for the company.

0

Share

Other news

2025 Forecasts: XRP's Path to $10, BeerBear Primed for Massive Growth

In 2025, XRP aims for $10, while BeerBear predicts a 3,900% surge, exciting investors' imaginations.

user avatarA1

8 minutes ago

Fantom: Coinbase Trading Suspension and Rebranding Prospects

Fantom faces challenges due to Coinbase delisting and planned rebranding to Sonic. How will this affect FTM's price?

user avatarA1

9 minutes ago

Investing in Lightchain AI: A Potential Rival to XRP and Ethereum

Lightchain AI merges blockchain with AI, raising $8.5M in presale and intriguing investors.

user avatarA1

10 minutes ago

Top Altcoins to Buy in January 2025: Qubetics and Other Market Leaders

Qubetics, HNT, and GALA are altcoins with high growth potential in January 2025.

user avatarA1

10 minutes ago

Bitcoin Analysis: Accumulation Opportunities Amid Bearish Trends

A brief analysis of Bitcoin's current situation, highlighting accumulation opportunities and further development.

user avatarA1

10 minutes ago

Non-Playable Coin Launches Launchly for Blockchain Media Monetization

Non-Playable Coin introduces Launchly to monetize internet culture and media using blockchain.

user avatarA1

11 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.