#rlusd

[36crypto]

Ripple Just Minted 13M RLUSD—Is a $500M Explosion Around the Corner?

Ripple has minted an additional 13 million RLUSD tokens, bringing its stablecoin closer to the $500 million circulation milestone. The minting event was confirmed through a blockchain transaction recorded on Etherscan, with the tokens sent to a wallet previously associated with liquidity operations. According to Ripple Stablecoin Tracker on X, this latest issuance increases RLUSD’s circulating…

[coinslistings]

New listing on HitBTC Coin: RLUSD Market pairs: RLUSD-USDT

[10bmnews]

XRP Addresses Holding 1M Coins Reach 12-Year High As Experts Predict Move Above $4

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu…

[ladookhotnikov]

The Fed believes that legalizing stablecoins will help strengthen the dollar

The US Federal Reserve System (FRS) sees fiat-backed digital currencies as a powerful tool for strengthening the dollar's position on the global stage.

The FRS understands very well that if a unified, universal digital currency appears, people will begin to massively escape the control of the traditional financial system. Therefore, the strategy is simple: fragment the stablecoin market, create competition between USDT, USDC, RLUSD and dozens of other "digital dollars".

Let stablecoins compete, let users get confused, pay high fees, doubt liquidity and fear regulatory risks — this is what the Fed thinks.

The main thing is to prevent the formation of a unified digital analogue of the dollar, independent of banks and the government. The more options — the more uncertainty, the stronger the dependence on the traditional financial system. After all, each stablecoin is somehow tied to the banking infrastructure.

So yes, regulating stablecoins is not about freedom and convenience, but about eroding competition so that the digital alternative to the dollar never becomes unified and truly independent.

[kajaltrader]

RLUSD Launch Price Prediction: Here’s What Industry Leaders Are Saying

Ripple is set to launch its USD-backed stablecoin, RLUSD, on December 17, 2024. The stablecoin will initially be available on platforms like Uphold, MoonPay, CoinMENA, Bitso, and Archax, with plans to expand to more exchanges in the future. RLUSD is backed by U.S. dollar deposits, U.S. government bonds, and cash equivalents, offering transparency through monthly third-party audits of its reserves. 

While RLUSD is designed to always maintain a $1 value, some collectors are already bidding on it in on-chain marketplaces, with bids reaching up to 836 XRP ($2068) (As reported by Coindesk) before its release. This early demand could lead to temporary price fluctuations, as RLUSD may not have enough liquidity to immediately maintain its $1 peg.

Himanshu Maradiya, Chairman and Founder, CIFDAQ, told Coinpedia,

“Ripple’s RLUSD stablecoin, pegged to $1, has already generated significant excitement ahead of its launch, with onchain bids soaring up to $2,000. This pre-launch frenzy reflects limited supply and heightened demand, as speculators rush to secure the first RLUSD tokens.”

He added,

“While such inflated prices may turn heads, volatility is expected to settle, bringing the price closer to $1 as liquidity normalizes post-launch. With RLUSD set to go live on the XRP Ledger, Ripple’s entry into the stablecoin market marks a pivotal moment, enhancing utility, driving liquidity, and strengthening stablecoins’ role in cross-border payment solutions.”

XRP Price Expected To Reach New Highs

Ever since the news about RLUSD launch was announced, XRP has been rising and is currently trading close to the $2.60 levels. Experts are suggesting that XRP bulls may break the previous ATHs once RLUSD goes live. However, XRP has been facing major resistance at $3 and it remains to be seen if the altcoin can cross the crucial mark today.

[sahilcidfaq]

Here’s what Himanshu Maradiya, Chairman and Founder of CIFDAQ, shared with Coinpedia - Crypto & Fintech News Media regarding the launch price of RLUSD. https://lnkd.in/dFp3v3vu Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Krunal Nilesh Sheth Ankur Garg Muthuswamy Iyer Ripple

[payntake-payn]

RLUSD của Ripple - một bước ngoặt trong DeFi?

Được viết bởi Gode S., Nhà phân tích thị trường Web3 ✓ Đã kiểm tra thực tế Cập nhật lần cuối: 08 tháng 01 năm 2025 Thêm nữa: Bộ sưu tập xa xỉ của người sáng lập Hex bị tịch thu GM. Chào mừng đến với Daily Squeeze, nơi chúng ta tung hứng những quả dứa tiền điện tử và hy vọng không bị đánh vào mặt. 🤝 Ripple hợp tác với Chainlink. 🌎 Động thái tiền điện tử của Bhutan và El Salvador. 🍋 Tin tức…

[samnikecrypto]

ere’s what Himanshu Maradiya, Chairman and Founder of CIFDAQ, shared with Coinpedia - Crypto & Fintech News Media regarding the launch price of RLUSD. https://lnkd.in/dFp3v3vu

[36crypto]

XRP Poised for Takeoff After GENIUS Act Boosts RLUSD Legitimacy

The GENIUS Act has introduced strict regulations for USD-backed stablecoins, bringing a new wave of clarity to the crypto market. RLUSD, a stablecoin on the XRP Ledger, has emerged as a major beneficiary of this legislation. According to crypto analyst SMQKE, RLUSD’s compliance with the Act has significantly increased its appeal to institutional investors. Stablecoin is expected to meet…

[coinslistings]

New market pair/s on Bitget Coin: ETH Market pairs: ETH-RLUSD

[10bmnews]

Ripple RLUSD and Solana deals enhance Dubai crypto hub status

Dubai is cementing its role as a leading crypto-friendly hub through strategic collaborations with major blockchain firms. On June 3, financial authorities in the region announced different initiatives with Solana and Ripple to build on earlier efforts to integrate digital assets into its economy. These moves further position Dubai as a global center for blockchain innovation and align with the…

[wecoinverse]

🚨 Big news in the crypto world! Ripple secures final approval from NYDFS for $RLUSD.

🌟 A significant step towards innovation and trust in digital finance! 💸🔥

[teknolojihaber]

Ripple, Stablecoin RLUSD'nin Beta Testine Başladı

Ripple, 9 Ağustos'ta XRP Ledger ve Ethereum ana ağında Ripple USD'nin (RLUSD) beta testine başladı. Ripple tarafından yayınlanan resmi duyuruya göre beta aşaması, stabilcoin'in daha geniş kullanılabilirlik ve düzenleyici gerekliliklerden önce güvenlik ve güvenilirlik standartlarını karşıladığından emin olmak için kurumsal ortaklar tarafından aktif testleri içerecek. Şirket, gelecekte stabilcoini ek blok zincirlere ve merkezi olmayan finans (DeFi) protokollerine genişletmeyi planlıyor. RLUSD şu anda alım satım veya satın alma amaçlı değildir. Açıklamada "Güven, istikrar ve fayda sağlayan stablecoin'lere yönelik açık bir talep var" ifadesi yer alıyor. “RLUSD mevcut olduğunda Ripple, küresel müşterilerine hizmet etmek ve deneyimlerini önemli ölçüde geliştirmek için sınır ötesi ödeme çözümünde hem RLUSD'yi hem de XRP'yi kullanacak.” Duyuru, şirketin 2028 yılına kadar 2,8 trilyon dolara ulaşması beklentisiyle stabilcoin piyasasını hedeflediğini gösterdi. Coin'in kendisi tamamen ABD doları mevduatları, kısa vadeli ABD devlet hazineleri ve diğer nakit eşdeğerleri tarafından desteklenecek. Read the full article

[bitrss-news]

The surging XRP price has pushed crypto analysts to predict more gains this year. One popular expert predicts that the Ripple price will jump to $15, a 340% surge from the current level. These pros cite catalysts like the... - https://jmpto.net/AgGdp