Odaily Planet Daily News The first licensed cryptocurrency exchange in Singapore, Independent Reserve, announced the launch of the dollar stablecoin Ripple USD (RLUSD) introduced by Ripple. As of December 22, RLUSD has been available for trading on its order book and OTC trading platform. It is reported that RLUSD is a stablecoin pegged to the US dollar at a 1:1 ratio, natively issued on the XRP Ledger and Ethereum network, and can be used in various scenarios such as cross-border payments and decentralized finance (DeFi).