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Market arbitrage helps stabilize its price: if RLUSD trades below $1, traders buy it to redeem at par, raising demand; if above $1, they mint more, increasing supply. Security features make RLUSD ...
Ripple’s RLUSD is now available for trading on Kraken, joining major exchanges like Bitso, Bitstamp, and Archax. With over $10 billion in cumulative trading volume, the stablecoin is gaining momentum.
(Reuters) - Ripple said on Tuesday it will buy multi-asset prime broker Hidden ... The acquisition also enhances Ripple USD's (RLUSD) utility as Hidden Road uses the stablecoin as collateral ...
Crypto startup Ripple said Tuesday that it’s agreed to buy prime brokerage firm Hidden Road for $1.25 billion in the ...
Ripple Labs, the company behind the XRP (XRP-USD) cryptocurrency, agreed to buy multi-asset prime brokerage ... use Ripple's dollar-pegged stablecoin, RLUSD, as collateral across its prime ...
Ripple on Tuesday said that it's agreed to buy prime brokerage firm Hidden Road ... closes the plan is for Hidden Road to use its RLUSD stablecoin — which launched in December — as collateral ...