Ripple’s RLUSD Stablecoin Is Officially Live! 🌐

Ripple has launched its long-awaited stablecoin, RLUSD, after receiving regulatory approval. Backed by U.S. dollar deposits, government bonds, and cash equivalents, RLUSD is designed to provide a reliable and trusted digital payment solution. The stablecoin is now live on the XRP Ledger and Ethereum networks, allowing users across platforms to benefit from its accessibility.

RLUSD is already listed on major exchanges like Uphold, MoonPay, CoinMENA, ArchaxEX, and Bitso, with more to follow soon. Since the launch, $XRP has seen a surge in price, highlighting the market’s positive reaction to Ripple’s move.

Ripple’s introduction of RLUSD marks a major milestone, as the company works toward simplifying cross-border payments and building a more efficient global financial system. With plans to integrate RLUSD into Ripple’s Payments Network in early 2025, its impact on digital payments could be transformative.

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