Search results
Results from the WOW.Com Content Network
Blockchain company Ripple is releasing its own long-awaited stablecoin tomorrow after receiving approval from the New York Department of Financial Services (NYDFS) last week. The coin, named RLUSD ...
Ripple has promised that the stablecoin will be 100% backed by U.S. dollar deposits, short-term U.S. treasuries and other cash equivalents. Bautista says Ripple holds large monetary reserves, ...
Ripple’s dollar-backed stablecoin, known as RLUSD, launched today on several global crypto exchanges. RLUSD is now available on Bitso, Uphold, CoinMENA, MoonPay, and Archax with other listings ...
(Reuters) - Crypto firm Ripple launched a stablecoin pegged to the U.S. dollar on Tuesday, looking to disrupt a market in which the top two incumbents account for nearly 90% of the value.
USD Coin (USDC) is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC). [ 1 ]
Ripple, a leading provider of digital asset infrastructure for financial institutions that leverages XRP, is ready to launch its own stablecoin — pending regulatory approval.
Today, XRP is trading at $1.70, making it the fifth largest cryptocurrency in the world with over a $99 billion market cap. By issuing a regulated stablecoin, Ripple will be able to offer a steady ...
Ripple Labs is planning to launch an XRP-based stablecoin, dubbed Ripple USD. This coin should always be worth $1, with trading enabled across the XRP and Ethereum (CRYPTO: ETH) blockchain ledgers.