As the launch of RLUSD drives volume to the XRP ledger, investors are also rushing to buy XRP, which is used to settle transaction fees on the blockchain. The currency is up 6% in 24 hours ...
Ripple’s RLUSD reaches $160 million in supply with rising usage on Ethereum and XRPL, signaling strong crypto adoption.
In the latest Ripple news today, The Ripple stablecoin, RLUSD, has officially launched on a major Asian exchange. Per a Tuesday announcement, Singapore users can now buy and use the stablecoin for ...
RLUSD is backed 1:1 by the U.S. dollar, meaning the company has promised to hold an equivalent sum of dollars in a reserve to collateralize each stablecoin that it issues. McDonald says that RLUSD ...