$XRP Ripple launches RLUSD, XRP reaches a high of $4.75 According to Ripple, RLUSD will debut on Tuesday. RLUSD will be launched on MoonPay, Uphold, CoinMENA, Bitso, and ArchaxEx. If the volume remains above the resistance levels of $2.58 and $2.92, XRP could reach $4.75, a new high. On Tuesday, Ripple's stablecoin RLUSD will launch on MoonPay, Uphold, CoinMENA, Bitso, and ArchaxEx, according to a press release on Monday. XRP may surpass the resistance levels of $2.58 and $2.92 due to the optimism surrounding the launch. Ripple's USD-backed stablecoin, RLUSD, will debut internationally on Tuesday after receiving regulatory approval. On December 10, Ripple obtained authorization from the New York Department of Financial Services (NYDFS) to launch the stablecoin, which the crypto community had anticipated for December 4. Ripple described RLUSD as a "USD-denominated enterprise-grade stablecoin created with trust, utility, and compliance at its core." RLUSD will launch on MoonPay, Uphold, CoinMENA, Bitso, and ArchaxEX. The startup plans to launch the stablecoin on Bullish, Bitstamp, Mercado Bitcoin, and others in the coming weeks. Ripple aims to start making cross-border payments for consumers early next year using the stablecoin. Initially, on-chain users can use RLUSD on XRP Ledger and Ethereum Mainnet over DeFi protocols. Ripple stated that an independent auditing firm would regularly confirm RLUSD's reserve assets for transparency. After the weekend surge, Ripple's XRP confirms the bullish flag pattern. Coinglass data shows that $18.62 million was liquidated in the last 24 hours, pushing XRP up by 1%. Long positions of $10.14 million and short holdings of $8.48 million were liquidated. The weekend advance above the downward trend line of the remittance-based token confirmed a bullish flag pattern. #xrp