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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 Stable Coin 107% Backed by US Treasury Bills, Cash Deposit, December Report Shows

Elendu Benedict -
Reserve reports for the Ripple USD (RLUSD) for December show secured financial instruments like US debt and cash deposits fully back the stablecoin. RLUSD maintains...

XRPL Amendment to Allow Creation of XRP/RLUSD AMM Pool Gains Validator Approval

Sam Wisdom Raphael -
An XRPL ammendment that will pave the way for the creation of an XRP/RLUSD AMM pool has achieved validator approval. The XRP Ledger (XRPL) community...

Ripple Stablecoin RLUSD Now Live on the Root Network

Elendu Benedict -
Ripple secures the launch of RLUSD on the Root network amid the latest collaboration, expanding the stablecoin's liquidity. The Root network confirmed the launch in...

Why Ripple Snubbed Flare to Partner With Chainlink for RLUSD

Okoya David -
Flare Labs CEO Hugo Philion offers clarity as Ripple's RLUSD Chainlink partnership sparks uproar. Before Donald Trump's election victory sparked anticipation of friendly regulatory conditions,...

Ripple President Reveals When RLUSD Will Launch on Coinbase, Says XRP ETF To Launch Soon

Lele Jima -
Ripple President Monica Long reveals the company’s strategic plans to roll out its stablecoin, RLUSD, on major trading platforms like Coinbase.  Monica made this known...

Ex IMF Director and Bank of India Governor Appointed to Ripple Stablecoin Advisory Board

Abdulkarim Abdulwahab -
As the Ripple stablecoin, RLUSD, becomes publicly available, the company has appointed several influential figures to its advisory board. Among the most prominent names is...

Ripple Stablecoin RLUSD Launches on First Singapore-Based Crypto Exchange

Elendu Benedict -
RLUSD, the Ripple stablecoin, secures a listing on its first Singapore-based crypto exchange, Independent Reserve, as the platform grants its users access to the...

Ripple Stable Coin RLUSD Touched $1,200 Per Coin, Ripple CTO Explains Why

Elendu Benedict -
The Ripple-USD (RLUSD) stablecoin reached a value of $1,200 per coin before launch, with CTO David Schwartz explaining the reason behind the pricing. Ripple’s RLUSD...

Trader Sells 10,000 XRP for 100 RLUSD, Losing $27,000

Sam Wisdom Raphael -
An unlucky trader has lost $27,000 by FOMOing into the recently-launched Ripple stablecoin RLUSD with his XRP holdings. The trade occurred yesterday, Dec. 17 shortly...

Here’s How Ripple Stablecoin Will Maintain Its $1 Price, While Schwartz Says RLUSD Will Boost Liquidity for XRP

Sam Wisdom Raphael -
A prominent XRPL validator explains how the Ripple stablecoin RLUSD could maintain parity with the dollar. Ripple's newly launched stablecoin, RLUSD, has been a subject...

Ripple Confirms RLUSD Launch Date, Announces Five Exchanges for Its Initial Listing

Lele Jima -
Ripple has announced the launch date of its highly anticipated RLUSD stablecoin on crypto exchanges.  The leading crypto payments company noted that the enterprise-grade stablecoin...

Ripple CTO Says, Don’t FOMO into RLUSD! It’s Not an Opportunity to Get Rich

Okoya David -
The Ripple CTO has cautioned investors against seeing the forthcoming Ripple stablecoin RLUSD as an opportunity to record substantial returns. Ripple's RLUSD launch plans have...

Experts Explain Why RLUSD Launch May Not Send XRP to The Moon Immediately

Abdulkarim Abdulwahab -
As Ripple secures the much-anticipated regulatory approval to list its stablecoin RLUSD, industry experts are weighing in on how RLUSD's launch could impact the...

XRP Soars Over 20% as Ripple CEO Confirms NYDFS Approval for RLUSD Stablecoin

Lele Jima -
XRP spikes 20% following Ripple’s announcement on the New York Department of Financial Services (NYDFS) approval for its RLUSD stablecoin.  Brad Garlinghouse, the company's CEO,...

Ripple Stablecoin Potential Launch Date Revealed

Lele Jima -
Ripple’s stablecoin is gearing up for its highly anticipated mainnet launch, with FOX Business revealing its potential launch date.  FOX Business journalist Eleanor Terrett reported...

Ripple Says Its Stable Coin RLUSD Operationally Ready

Elendu Benedict -
Ripple President Monica Long has described the role of RLUSD in Ripple’s operation, noting the stablecoin would complement XRP. With the Ripple-USD (RLUSD) operationally ready,...

Ripple President Confirms Plans to Use XRP and RLUSD in Ripple Payment Solution

Lele Jima -
Ripple reassures the public of its commitment to utilizing XRP alongside its stablecoin RLUSD within its payment solution.  Ripple’s President Monica Long made the assertion...

Ripple Unveils Initial Exchange Partners for Its RLUSD Stablecoin

Lele Jima -
San Francisco-based payments company Ripple Labs announces the initial exchange partners for its upcoming USD-pegged stablecoin RLUSD.  Ripple announced the development today at the opening...

RLUSD Launch to Trigger XRP Surge to $10, Says Expert

Sam Wisdom Raphael -
In a recent video commentary, crypto influencer Levi discussed the upcoming RLUSD stablecoin from Ripple and its potential impact on XRP. Levi suggested that the...

CryptoQuant: Stablecoin Liquidity Hits Record Highs as Ripple Prepares to Enter the Market

Sam Wisdom Raphael -
As Ripple prepares to make an impact on the stablecoin market with its upcoming Ripple USD (RLUSD) stablecoin, market liquidity has reached record levels. Though...
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