Ripple’s RLUSD Stablecoin Gains Key Institutional Approval in Abu Dhabi’s ADGM
Ripple’s RLUSD stablecoin gets approved for institutional use in Abu Dhabi Global Market, boosting regulated digital asset adoption and market cap.
Ripple’s RLUSD Stablecoin Surges Towards $900M Market Cap, Reshaping Digital Finance
Ripple’s RLUSD stablecoin swiftly approaches a $900M market cap within its first year, signaling a major challenge to established digital currencies.
Ripple Forges Strategic Alliance with Bahrain Fintech Bay for RLUSD Stablecoin and Institutional Custody
Ripple partners with Bahrain Fintech Bay to introduce its RLUSD stablecoin and institutional custody services, enhancing digital finance in the Middle East.
Ripple USD (RLUSD) Skyrockets: Could It Beat USDC to $1 Billion?
Ripple USD (RLUSD), the stablecoin launched by Ripple, has officially crossed the $500 million mark in market capitalisation just days after projections suggested the milestone was within reach. According to CoinMarketCap, RLUSD now has a circulating supply of 501.24 million tokens, with its market cap climbing by 3.28% to $501.21 million. Rapid Growth Places RLUSD […]
Cardano and Ripple USD: Charles Hoskinson Discusses the Path to Integration and Strategic Moves
Charles Hoskinson, the founder of Cardano, recently shared insights into ongoing discussions about integrating Ripple USD (RLUSD) into the Cardano ecosystem. During a recent livestream, Hoskinson confirmed that conversations have been progressing steadily, although key decisions hinge on potential corporate changes related to Circle, the issuer behind RLUSD. Cardano’s Vision for RLUSD Integration Hoskinson addressed […]
Ripple Mints 350,000 RLUSD Tokens on XRP Ledger
Ripple has minted 350,026 additional Ripple USD (RLUSD) tokens, marking its first minting event in over a week. This increase follows a record-breaking issuance of 100 million RLUSD tokens last week. With the latest minting, RLUSD’s total market capitalization is nearing $300 million, according to data from CoinGecko. The growing supply and adoption suggest that […]
Ripple Sets Stage for RLUSD Launch with Major XRP Transfers
Ripple recently stirred the crypto market with a substantial transfer of 294,000 RLUSD stablecoins. Ripple moved a significant 78,500 RLUSD from its Treasury to an unknown wallet, sparking speculation that it is finalizing preparations for RLUSD’s upcoming launch. Blockchain data reveals Ripple shifting tokens across various wallets, likely testing functionality and priming liquidity before the […]
Ripple Shifts Focus to RLUSD Stablecoin, Eyeing DeFi Growth
Ripple CEO announced that Ripple will prioritize RLUSD, over stablecoins like USDC and Tether for its On-Demand Liquidity (ODL) product. In a conversation with Thinking Crypto, Garlinghouse shared insights on this strategic decision, the growing potential of RLUSD in decentralized finance (DeFi), and Ripple’s future plans for an initial public offering (IPO). Strategic Shift Aims […]
Ripple Burns 2 Million RLUSD Stablecoins in Major Token Burn
Ripple excited the XRP community with a significant burn of RLUSD stablecoins on Wednesday, locking away 2 million tokens in an unspendable blockchain wallet. This marks the first major token burn since Ripple minted 42 million RLUSD stablecoins in recent weeks. The burn is part of the ongoing private beta for RLUSD, which Ripple launched […]
XRP vs. RLUSD: Can Stablecoins Really Replace XRP’s Utility?
Ripple’s Chief Technology Officer, David Schwartz, addressed community concerns about the upcoming stablecoin, Ripple USD (RLUSD). As RLUSD nears its launch, it is currently in beta testing and has already seen millions of tokens minted on both the XRP Ledger (XRPL) and Ethereum. Community Concerns About RLUSD Many members of the XRP community worry that […]