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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 ...
This coin should always be worth $1, with trading enabled across the XRP and Ethereum (CRYPTO: ETH) blockchain ledgers. Ripple Labs will back this stablecoin with a dollar-based cash reserve and ...
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 ...
The good news is that's significantly less than the $2 billion the SEC wanted it to pay. ... it's possible to paint a rosy scenario for Ripple and its XRP token. For one, Ripple can probably go ...
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 ...
On Friday, Ripple began testing its stablecoin on the company’s own blockchain, XRP Ledger, and Ethereum. The crypto firm first announced its plans to launch a U.S. dollar-pegged cryptocurrency ...
Ripple, a leading provider of digital asset infrastructure for financial institutions that leverages XRP, is ready to launch its own stablecoin — pending regulatory approval.