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Latest rLUSD News Cryptocurrency Updates

RLUSD, Ripple Labs’ new stablecoin, has made significant strides since its approval by the New York Department of Financial Services (NYDFS) on December 10, 2024. Launched on December 17, 2024, RLUSD aims to provide a stable, regulated digital currency for various financial applications.

Ripple Partners with Oldest U.S. Bank for RLUSD Custody

Lele Jima -
Ripple has announced that The Bank of New York Mellon (BNY) will be the primary custodian of the reserves backing the RLUSD stablecoin.  In the...

Here’s Why Ripple’s RLUSD Strategy Holds Enormous Potential for XRP

Elendu Benedict -
XRP community influential figure Eri Chan has highlighted the potential impact of Ripple’s RLUSD stablecoin strategy on XRP. In a June 6 post, she emphasized...

Here’s What Ripple Banking License Could Mean for XRP

Sam Wisdom Raphael -
Ripple is now attempting to boost its presence with the acquisition of a banking license, and some believe this could be beneficial to XRP. For...

Ripple Exec Says RLUSD Processes $10B Daily Volume

Lele Jima -
Ripple’s senior executive officer, Reece Merrick, makes a daring claim about Ripple USD (RLUSD) stablecoin, emphasizing that it clears $10 billion in transaction volume...

GENIUS Act Further Positions Ripple to Offer Cross-Border Payment Services to US Firms Using XRP and RLUSD

Abdulkarim Abdulwahab -
As the GENIUS Act advances out of the Senate, discussions intensify about how this landmark stablecoin legislation could benefit Ripple, XRP, and the company’s...

GENIUS Act Passage Solidifies XRP Status: Here’s How

Lele Jima -
A notable crypto commentator suggests that the GENIUS Act could attract more institutional clients to RLUSD while cementing XRP status as a regulated utility...

RLUSD is the Trojan Horse That Could Break XRP: Pundit

Sam Wisdom Raphael -
An XRP community member who goes by "Stellar Expert" recently claimed that the Ripple stablecoin, RLUSD, could threaten XRP's future rather than support it.  In...

Here’s How RLUSD Will Amplify XRP Role, Not Diminish It

Abdulkarim Abdulwahab -
Leading XRP community voices are pushing back against concerns that the Ripple stablecoin RLUSD will overshadow XRP's utility. Instead, they argue that RLUSD will strengthen...

US Treasury Compares Ripple Stablecoin, USDT, and USDC in Recent Report

Elendu Benedict -
The US Department of the Treasury has highlighted the growing role of stablecoins in the Treasury market, specifically Ripple stablecoin RLUSD, USDT, and USDC. Stablecoins...

Cardano Founder Says RLUSD May Join ADA But Strategy Hinges on Circle Acquisition

Mark Brennan -
Cardano founder Charles Hoskinson has confirmed that discussions are ongoing between his team and the developers of Ripple USD (RLUSD), as integration efforts into...

Ripple Gradually Reducing XRP Role to Just Transaction Fees: Pundit

Sam Wisdom Raphael -
Amid the rising prominence of RLUSD in the crypto market, concerns about the diminishing role of XRP have triggered discussions within the community.  Community member...

Gemini Lists Ripple Stablecoin RLUSD for Trading

Elendu Benedict -
RLUSD, the Ripple stablecoin, is slowly moving to broader market usage after leading crypto exchange Gemini listed the token for trading on its platform. Less...

Could XRP Maintain Its Payment Utility Despite Growing RLUSD Adoption? Pundits Weigh In

Sam Wisdom Raphael -
Pundits within the XRP community have discussed XRP's potential to maintain its utility in payments despite the growing adoption of Ripple stablecoin, RLUSD. The recent...

Is XRP Doomed as Ripple Integrates Its RLUSD Stablecoin for Payments

Lele Jima -
Speculation suggests that Ripple’s integration of RLUSD stablecoin into its cross-border payments solution, Ripple Payments, might position XRP for doom.   Yesterday, Ripple officially announced the...

Pundit Explains How XRP Will Benefit from Upcoming US Stablecoin Regulation

Abdulkarim Abdulwahab -
XRP community researcher SMQKE has outlined how upcoming U.S. stablecoin regulations could boost XRP’s adoption, utility, and market value. The analysis highlights how Ripple’s USD...

Ripple Stablecoin RLUSD Hits Huge $120M Milestone as Adoption Grows

Okoya David -
RLUSD, the dollar-pegged Ripple stablecoin has hit a "huge milestone." This is according to a recent report from leading crypto analytics platform CryptoQuant. The report...

Over 100K RLUSD Transactions Recorded in 2 Months Since Launch Amid Steady Adoption

Okoya David -
Users have performed over 100,000 transactions with Ripple's USD stablecoin RLUSD in the two months since it launched.  This is according to a report released...

Here is How XRP Holders Can Use XRPL AMM as Hedging Strategy

Okoya David -
XRPL AMMs could offer a means for XRP proponents to hedge their trading and investment bets, according to Anodos founder Panos Mekras. Following the introduction...

Expert Explains XRP 1,000X Scale of Opportunity with RLUSD

Abdulkarim Abdulwahab -
Austin King, co-founder of Omni, recently shared a deep dive into the far-reaching potential of Ripple's RLUSD stablecoin and how it could revolutionize the...

More Liquidity Comes to XRP as RLUSD/XRP AMM Pool Goes Live, Claims $423K Liquidity in Few Hours

Sam Wisdom Raphael -
The XRPL community witnesses the launch of the RLUSD/XRP AMM pool, boasting impressive liquidity after a few hours, as AMMClawback goes live. The XRP Ledger...
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