Ripple Unveils New Details About Upcoming RLUSD Stablecoin: Here is What You Need to Know
TL;DR Ripple will launch a new stablecoin called Ripple USD (RLUSD), pegged to the US dollar and issued on XRP Ledger and Ethereum. RLUSD promises high
Ripple is a digital payment protocol and cryptocurrency founded in 2012. Its native cryptocurrency, XRP, is used to facilitate fast and low-cost international money transfers.
Ripple’s network operates on a decentralized blockchain, but unlike Bitcoin and other cryptocurrencies, it does not require mining. Instead, transactions are validated through a consensus algorithm, which allows for faster processing times and lower fees. Ripple’s technology has been adopted by various financial institutions and payment networks, making it a popular choice for cross-border payments and remittances.
TL;DR Ripple will launch a new stablecoin called Ripple USD (RLUSD), pegged to the US dollar and issued on XRP Ledger and Ethereum. RLUSD promises high
TL;DR Ripple’s Move: Ripple has introduced U.S. Treasury bills on the XRP Ledger via the OpenEden tokenization platform. These short-term debt obligations, backed by the U.S.
TL;DR XRP’s Remarkable Month: XRP is ending July on a high note, achieving its best performance this year. Real-time market data shows XRP trading at $0.6492,
TL;DR Linda P. Jones highlights Ripple and XRP’s potential, suggesting that the company could be significantly undervalued. The firm, currently valued at $7.5 billion, could see
TL;DR OKX has reported a $2.6 billion decrease in its total funds, reflecting a reallocation of investor funds. XRP reserves on OKX have decreased by 10%,
TL;DR Whales have acquired over 140 million XRP tokens in the last week, valued at approximately $84 million, suggesting strong confidence in its future. Analyst Armando
TL;DR SEC Cancels Closed-Door Meeting: The U.S. SEC unexpectedly canceled a closed-door meeting originally scheduled for July 18, leaving the Ripple-XRP community in suspense. Settlement Speculation: The
TL;DR XRP’s open interest has reached a year-to-date high of over $602 million, driven by perpetual and futures contracts, indicating increased trading activity and liquidity. Binance
TL;DR Ripple has sold its 40% stake in Tranglo, a major partner in cross-border payments. Ripple’s exit from Tranglo has sparked controversy in the XRP community.
TL;DR A U.S. federal court ruled that cryptocurrency tokens and secondary sales of BNB do not constitute securities, a historic victory for the crypto industry. The
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