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Simonne Vandewalker Xfxa
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$XRP XRP — the key to new achievements
Judging by the results achieved, Ripple is confidently moving towards strengthening its position in the cryptocurrency and digital payments market. The approval of RLUSD was an important step that not only simplifies cross-border payments, but also opens up prospects for the use of XRP in such innovative areas as games and artificial intelligence.
Judging by the results achieved, Ripple is confidently moving towards strengthening its position in the cryptocurrency and digital payments market. The approval of RLUSD was an important step that not only simplifies cross-border payments, but also opens up prospects for the use of XRP in such innovative areas as games and artificial intelligence.
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$XRP XRP as "fuel" for Root Network
One of the bright examples of XRP application is the Root Network project, where this cryptocurrency plays the role of the so-called "gas token". This means that XRP serves as the basis for all operations in the network, including conducting transactions and executing smart contracts. This approach significantly increases the scalability of the system, as well as its efficiency.
One of the bright examples of XRP application is the Root Network project, where this cryptocurrency plays the role of the so-called "gas token". This means that XRP serves as the basis for all operations in the network, including conducting transactions and executing smart contracts. This approach significantly increases the scalability of the system, as well as its efficiency.
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$XRP The Future of XRP Through the Eyes of Experts
Aaron McDonald, CEO of Futureverse, sees tremendous potential in XRP and its related technologies. In a recent interview, he shared his thoughts on the current state of the market and growth prospects. McDonald particularly noted the stable support for XRP from the community, referring to it as a "coiled spring," ready for active development as soon as the obstacles to the spread of the technology are removed.
Aaron McDonald, CEO of Futureverse, sees tremendous potential in XRP and its related technologies. In a recent interview, he shared his thoughts on the current state of the market and growth prospects. McDonald particularly noted the stable support for XRP from the community, referring to it as a "coiled spring," ready for active development as soon as the obstacles to the spread of the technology are removed.
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$XRP Stablecoin RLUSD: a new step in the development of XRP
According to Ripple, the approval of RLUSD is a significant breakthrough for the company and the entire ecosystem. Executives note that such stablecoins play an important role in facilitating international payments. They also pave the way for broader adoption of technology among users. The product is designed for everyday use, which is especially important for rapidly growing industries such as the video game industry.
According to Ripple, the approval of RLUSD is a significant breakthrough for the company and the entire ecosystem. Executives note that such stablecoins play an important role in facilitating international payments. They also pave the way for broader adoption of technology among users. The product is designed for everyday use, which is especially important for rapidly growing industries such as the video game industry.
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$XRP Jack McDonald, Senior Vice President of Ripple, said in an interview with CoinDesk that RLUSD will initially be available in the regions of the Americas, Asia-Pacific, the United Kingdom, and the Middle East through its distribution and exchange partners.
At first, the token will not be available in the EU, as Ripple does not have the necessary license according to the MiCAR bloc regulations, but the company is 'actively exploring' ways to enter the bloc market, McDonald noted.
Warning about volatility
RLUSD, aiming to maintain a price of $1, may experience unusual volatility due to early demand from traders and limited supply.
'In the early days, before market stabilization, there may be a supply shortage,' warned David Schwartz, Chief Technology Officer of Ripple.
At first, the token will not be available in the EU, as Ripple does not have the necessary license according to the MiCAR bloc regulations, but the company is 'actively exploring' ways to enter the bloc market, McDonald noted.
Warning about volatility
RLUSD, aiming to maintain a price of $1, may experience unusual volatility due to early demand from traders and limited supply.
'In the early days, before market stabilization, there may be a supply shortage,' warned David Schwartz, Chief Technology Officer of Ripple.
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$XRP RLUSD is designed to maintain a constant value of one US dollar. Ripple USD, issued on the basis of the XRP Ledger and Ethereum blockchains, is fully backed by a separate reserve of cash and their equivalents and is exchanged 1:1 for US dollars.
RLUSD will initially be listed on several exchanges and crypto platforms, including Uphold, MoonPay, Archax, and CoinMENA, with subsequent listings on Bitso, Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and others in the coming weeks.
RLUSD will initially be listed on several exchanges and crypto platforms, including Uphold, MoonPay, Archax, and CoinMENA, with subsequent listings on Bitso, Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and others in the coming weeks.
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$XRP Fintech company Ripple has launched its stablecoin Ripple USD (RLUSD). This was reported by the company's press service.
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show me at least one link where it says that RLUSD has already been launched. It hasn't been launched yet.
Ripple's RLUSD Stablecoin: A Catalyst for Blockchain and XRP's Future
Ripple is all set to launch the Much Waited RLUSD, a USD-backed stablecoin designed to enhance global payments, fuel DeFi growth, and boost XRP utility. Backed 1:1 by U.S. dollar reserves and compatible with both XRP Ledger (XRPL) and Ethereum, RLUSD aims to bridge traditional finance (TradFi) and decentralized finance (DeFi).
Why RLUSD Matters
1. Cross-Border Payments: RLUSD enables faster, cheaper, and more stable international transactions.
2. DeFi Growth: Its dual compatibility allows integration with DeFi platforms for lending, borrowing, and liquidity.
3. Liquidity: RLUSD improves market stability and boosts XRPL liquidity.
4. Institutional Adoption: With regulatory clarity, RLUSD attracts businesses for secure payments and settlements.
Impact on XRP
RLUSD adoption increases activity on XRPL, driving demand for XRP as a bridge asset. Greater utility and liquidity could positively influence XRP’s price, strengthening Ripple’s ecosystem in the evolving blockchain landscape.
Ripple is all set to launch the Much Waited RLUSD, a USD-backed stablecoin designed to enhance global payments, fuel DeFi growth, and boost XRP utility. Backed 1:1 by U.S. dollar reserves and compatible with both XRP Ledger (XRPL) and Ethereum, RLUSD aims to bridge traditional finance (TradFi) and decentralized finance (DeFi).
Why RLUSD Matters
1. Cross-Border Payments: RLUSD enables faster, cheaper, and more stable international transactions.
2. DeFi Growth: Its dual compatibility allows integration with DeFi platforms for lending, borrowing, and liquidity.
3. Liquidity: RLUSD improves market stability and boosts XRPL liquidity.
4. Institutional Adoption: With regulatory clarity, RLUSD attracts businesses for secure payments and settlements.
Impact on XRP
RLUSD adoption increases activity on XRPL, driving demand for XRP as a bridge asset. Greater utility and liquidity could positively influence XRP’s price, strengthening Ripple’s ecosystem in the evolving blockchain landscape.
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Invest, and we'll share if anything happens😂
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