Today Ripple goes live with its RLUSD stablecoin after approval by regulator NYDFS last week. Initially five crypto exchanges support it.
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Ripple has launched its stablecoin Ripple USD (RLUSD), backed by US dollar deposits, US government bonds, and cash equivalents.
On Dec. 17, Ripple announced that the trading of its new dollar-backed stablecoin, Ripple USD (RLUSD), had gone live on multiple exchanges around the world:.
RLUSD stablecoin trades at a premium as limited supply increases its price.
After much anticipation, Ripple's stablecoin, Ripple USD (RLUSD), is now live on global exchanges.
ipple launches RLUSD stablecoin globally under NYDFS charter. Backed by USD reserves, it supports XRP Ledger & Ethereum for broad adoption.