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The coin’s value rose from $1.98 to a high of $2.46, amid news that Ripple’s highly-anticipated stablecoin, which has been in development since April, is preparing to debut.
The XRP price surge also comes as investors bet on the future of Ripple products. Fox Business reported that the company’s long-awaited stablecoin, RLUSD , is poised for regulatory approval in ...
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.
Ripple’s dollar-backed stablecoin, known as RLUSD, launched today on several global crypto exchanges. RLUSD is now XRP ledger, a blockchain created by Ripple Labs alongside its native token, XRP.
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 also just recently rolled out a U.S. dollar stablecoin, called RLUSD. Stablecoins are digital assets pegged to a currency or commodity to take advantage of the characteristics of a digital ...
In more token-specific news, Ripple, the company behind XRP, launched its highly anticipated stablecoin RLUSD this week, tracking the U.S. dollar. ... regular updates from analysts, ...
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 ...
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