Ripple Just Launched A Game-Changing Service In The US Leveraging XRP And RLUSD
Crypto payments company Ripple has just made a game-changing move in the United States (US) digital asset market, bringing XRP and its stablecoin RLUSD to the forefront of institutional finance. The company has officially launched Ripple Prime in the US, a new brokerage firm designed to offer clients a streamlined gateway to engage in secure […]
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Ripple’s RLUSD stablecoin is a potential game-changer in the rapidly expanding stablecoin market, which is projected to reach trillions of dollars. With SBI Holdings planning to bring RLUSD to Japan, the stablecoin could be integrated alongside XRP, positioning Ripple for a stronger role in global payments. RLUSD To Propel Ripple Into Global Spotlight A recent […]
Ripple and SBI Holdings, together with SBI VC Trade Co., Ltd., have signed a memorandum of understanding that outlines their intention for SBI VC Trade to distribute Ripple USD (RLUSD) in Japan. The agreement positions RLUSD for entry into one of the world’s most tightly regulated digital-asset markets, with availability targeted for the first quarter […]
Ripple, the issuer of the fast-growing RLUSD stablecoin, has recently announced an ambitious multichain strategy aimed at enhancing its presence in the crypto space. This initiative will see RLUSD integrated into Layer-2 (L2) solutions on the Ethereum (ETH) blockchain, facilitated by a partnership with Wormhole, one of the largest protocols for cross-chain interoperability. Ripple Targets […]
Ripple has carried out a series of large RLUSD burns in recent weeks to remove millions of the stablecoin from circulation. According to data from the RLUSD burn tracker @RL_Tracker, more than 2.7 million RLUSD were recently destroyed in a single transaction, the biggest burn in many weeks. Ripple Burns Massive Amounts Of RLUSD Crypto burns are not new to the crypto industry, especially when it comes to stablecoins. Interestingly, data from the RLUSD burn tracker, @RL_Tracker, has revealed an uptick in the amount of RLUSD burned in the past two weeks, which is worth noting. Related....
The total supply of Ripple’s regulated stablecoin, Ripple USD (RLUSD), has reached $120 million. Community analyst Maartunn from CryptoQuant revealed the figures in a new analysis, calling it a “huge milestone.” Ripple’s RLUSD Gains Traction On The XRP Ledger “RLUSD Total Supply reached $120m. RLUSD, Ripple’s regulated stablecoin, keeps growing and has now hit a […]