Ripple has transferred several amounts in RLUSD stablecoin from its Treasury to test the functionality and the liquidity before the official launch.聽 According to Ripple Labs president Monica Long, the…
Browsing: RLUSD
Versan Aljarrah highlights that XRP, through its decentralized framework, could bridge different government payment systems for cross-border settlements. He also suggests that XRP and Stellar (XLM) may work together in…
XRP recently set a milestone by processing over 6.3 million transactions in one minute, showcasing its ability to handle large-scale transactions. Despite the uncertainty surrounding the Ripple vs. SEC lawsuit,…
Ripple, the company behind cross-border solutions has gained attention from market observers after an announcement of the RLUSD launch. Ripple is committed to ensuring transparency for both investors and users…
Ripple aims to position RLUSD as a leading stablecoin in the rapidly growing $170 billion market, focusing on regulatory compliance and utility in cross-border payments. The RLUSD stablecoin will be…
Ripple minted 4.5 million RLUSD stablecoins within 24 hours to boost cross-border payment efficiency. RLUSD is designed to complement XRP in enhancing international transactions backed by U.S. dollars. Ripple minted…
The first transaction of tokenized gold and silver was made on the XRP Ledger on September 29 after Ripple and Meld Gold disclosed their collaboration months ago.聽 According to the…
Ripple has warned users to beware of scams as RLUSD is still in its private beta phase and not yet publicly available. The launch of RLUSD on the XRP Ledger…
Ripple is reported to have minted 99% of the total supply of its much-anticipated stablecoin, RLUSD, to prepare the grounds for its official launch.聽 XRPL has announced two major amendments…
Ripple minted 99% of the RLUSD stablecoin supply, signaling an imminent launch in the stablecoin market. Ripple’s legal victory and aggressive strategy position it to challenge market leaders like Tether…
Along with XRP’s function in smaller transactions, Ripple’s RLUSD aims to improve international transactions backed by dollars. Ripple introduces Ethereum-compatible sidechains to XRPL, combining Ethereum鈥檚 programmability with XRP Ledger’s scalability…
The highly anticipated launch of the XRP stablecoin RLUSD has sparked excitement and speculation within the XRP community, with some predicting significant price gains for the digital asset. Despite the…
Ripple burned 64 RLUSD stablecoins as part of its beta testing, reinforcing its commitment to RLUSD’s launch. The RLUSD burn at RLUSD Treasury signals Ripple’s dedication to stablecoin market innovation.…
Ripple has published a blog post to introduce several key aspects of fiat-backed stablecoins such as their valuation and regulatory progress amid the recently launched RLUSD.聽 According to the post,…
Ripple focuses on launching its dollar-pegged stablecoin in the US before exploring stablecoin opportunities in Japan. Japan鈥檚 regulatory clarity makes it an ideal market for stablecoin growth, says Ripple鈥檚 CEO.…
Ripple’s RLUSD stablecoin will initially be available only to institutions, with retail access through intermediaries later. The XRP Ledger鈥檚 $1 trillion trust line for RLUSD reflects Ripple’s focus on scalability…
Ripple’s RLUSD stablecoin aims to compete in the growing market, where USDT and USDC dominate and will complement Ripple’s native XRP token. Brad Garlinghouse expressed disinterest in a U.S. IPO…
Ripple burned 185 RLUSD tokens, leaving none in circulation during its ongoing private beta testing phase. The $1 trillion trust limit that XRP Ledger set for RLUSD demonstrates its scalability…
Ripple has minted the first 185 tokens of its RLUSD stablecoin on the XRP Ledger, just weeks after it first announced that it had started beta testing the project. The…
A significant event on the XRP Ledger involved setting a $1 trillion trust limit for Ripple USD (RLUSD), though no actual issuance of RLUSD has occurred yet. This action serves…