XRP, RLUSD and Ripple
tech · 4d
Ripple’s RLUSD Stablecoin Secures Green Light from NYDFS
Ripple has achieved a major milestone with the New York Department of Financial Services (NYDFS) approving its RLUSD stablecoin. RLUSD, a dollar-pegged stablecoin built on the XRP Ledger, is designed for efficient cross-border payments while maintaining a 1:1 parity with the US dollar.
Crypto News Flash · 3d
Ripple Moves XRP Worth $915 Million – XRP Price Rally in Focus Ahead of RLUSD Launch
Blockchain payment firm Ripple Labs Inc. recently transferred 380 million XRP, valued at over $915 million, to an unknown wallet. This move has raised discussion within the crypto community regarding the impact on the price of XRP, Ripple’s associated native token. The news also comes on the heels of the approval of Ripple’s stablecoin, RLUSD.
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