RLUSD

Highlights: Ripple to acquire Rail for $200M to expand stablecoin payment capabilities. Acquisition adds virtual accounts and automated back-office support to Ripple’s offerings. Ripple aims to lead a global stablecoin payment infrastructure through the Rail acquisition. Ripple, the blockchain company […]

Highlights: Ripple has applied for an EMI license in Luxembourg to expand the RLUSD stablecoin. The banking network in Luxembourg promotes the RLUSD stablecoin to comply with EU rules regarding reserves. RLUSD has seen strong traction, with over $500M in […]

Highlights: Garlinghouse sees the stablecoin market jumping from $250 billion to $2 trillion soon.  Ripple’s RLUSD stablecoin, backed by BNY Mellon, has already reached $500 million. Experts say the stablecoin market may grow 10x as new regulations boost adoption. Ripple […]

Highlights: Ripple has chosen BNY Mellon as the major RLUSD custodian of reserves. The BNY Mellon will offer custodial and liquidity services to Ripple-issued stablecoin. Ripple continues growing RLUSD adoption through global partnerships and banking integrations. Ripple has selected BNY […]

Highlights: The first global bank to support the trading and custody services of RLUSD. Ripple’s RLUSD stablecoin is now available to AMINA’s institutional and corporate clients. The RLUSD support is the next step in AMINA’s stablecoin expansion phase. The Swiss-based […]

Highlights: XRP Ledger has recently gained support for real-time access to tokenized U.S. Treasuries via Ondo Finance. Settlement and liquidity are improved, as OUSG can be minted and redeemed with RLUSD. Institutions gain 24/7 compliant access to short-term Treasuries on […]

Highlights: The Dubai Financial Services Authority has given RLUSD the green light for use in the Dubai International Financial Centre. RLUSD is backed 1:1 by US dollars with strict reserve management. More than 7,000 firms registered in DIFC are now […]

Highlights: Ripple’s $1.25B acquisition of Hidden Road expands its role in global prime brokerage. The firm will integrate its stablecoin, RLUSD, into Hidden Road’s services to enhance its financial offerings. Hidden Road’s $3 trillion annual clearing volume positions Ripple as […]

Highlights: Ripple has added RLUSD to Ripple Payments, boosting enterprise transactions and expanding stablecoin use. RLUSD market cap has grown 118% in one month, reaching $200 million with rising demand for stable transactions. Kraken has listed RLUSD, increasing access for […]

Highlights: RLUSD’s market cap has reached over $240 million, signaling rapid growth. Ripple integrates RLUSD into Ripple Payments to improve cross-border transactions. Kraken joins other exchanges in listing RLUSD, increasing user access. RLUSD, Ripple’s stablecoin, has gained traction in the […]

Highlights: On March 31, Ripple minted 50 million RLUSD stablecoins in a single day. The minting boosted RLUSD’s market cap from $190 million to over $240 million. With the latest minting exercise, Ripple minted over 100 million RLUSD in March. […]

Highlights: Bitstamp said it has integrated Ripple’s RLUSD into its trading platform. The stablecoin will run on the crypto exchange’s Ethereum network RLUSD will run against some selected cryptocurrencies like Ethereum, Bitcoin, XRP, etc. Bitstamp, one of the oldest crypto […]