Ripple Prepares RLUSD Stablecoin for Global Launch

user avatar

by Giorgi Kostiuk

2 years ago

Ripple's RLUSD stablecoin draws market attention through support from a leading crypto exchange and the company's ambitious plans.

Analysis of RLUSD Stablecoin

RLUSD stands out due to its dollar peg and being a product of a company known for battles with US regulators. Recently, the stablecoin received approval from the New York State Department of Financial Services and was launched on Ethereum and the XRP Ledger.

Current Status of RLUSD Listings

Bitstamp, one of the first exchanges to support Ripple, has already listed RLUSD. Jack McDonald from Ripple shows confidence in future listings on Coinbase and Binance.

Future Prospects for RLUSD on Exchanges

Despite McDonald's confidence, there are technical challenges for listings on other exchanges, including compatibility and demand, along with exclusive relationships like those between Binance and FDUSD. McDonald hopes exchanges will reconsider exclusive relationship policies. However, a public statement from Coinbase explains it has no exclusive relationship with USDC and supports other stablecoins such as PAX, GUSD, and USDT.

Ripple’s RLUSD is on a strategic path to expand its influence on leading exchanges like Coinbase and Binance. With regulatory approval and market presence, it embodies Ripple's vision for the future in a competitive environment.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

MEXC's Tokenized Stocks and ETFs Experience 30% Growth

chest

MEXC reported a 30% month-on-month increase in spot trading volume for tokenized stocks and ETFs, reflecting broad-based growth.

user avatarKofi Adjeman

MEXC Reports Significant Growth in August Trading Data

chest

MEXC reports significant growth in trading volumes across various asset classes in August 2026, with a 130% month-on-month increase in stock, index, and ETF Futures.

user avatarTando Nkube

TRON DAO Enhances MetaMask Connectivity for Users

chest

TRON DAO announces enhanced MetaMask connectivity for various dApps, improving user interaction within the TRON ecosystem.

user avatarNguyen Van Long

MetaMask Connectivity Now Supported by Leading TRON dApps

chest

Four major decentralized applications in the TRON ecosystem have integrated MetaMask connectivity, enhancing user access to on-chain finance.

user avatarSatoshi Nakamura

AI Researchers Reduce Quantum Attack Resource Benchmark by 86 Times

chest

Researchers have reduced the computing resources needed for a potential quantum attack on Bitcoin and Ethereum by 86 times.

user avatarJesper Sørensen

Regulators Urge Faster Cybersecurity Measures in Banking Sector

chest

Regulatory bodies are urging banks to adopt quicker patching and incident response strategies to combat evolving cyber threats.

user avatarRajesh Kumar

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.