Ripple’s newly launched stablecoin went live on December 17th across major crypto exchanges, ushering in a new era of compliance, trust, and utility. RLUSD bridges the gap between the efficiency of blockchain and the stability of fiat, facilitating instant global payments. With the growing attention on market leader Tether, Ripple is positioning RLUSD as a trusted alternative.

Ripple said in its announcement that RLUSD will debut on Uphold, Bitso, MoonPay, Archax, and CoinMENA, with plans to expand to other exchanges like Bullish, Bitstamp, and Mercado Bitcoin. The enterprise stablecoin allows for 24/7 transactions, providing secure and compliant on/off ramps for global cryptocurrency users.

In a post on December 17th, Monica Long, president of Ripple, emphasized RLUSD’s focus on transparency, scalability, and real-world utility at launch. Unlike Tether, which is subject to regulatory scrutiny and recently abandoned its euro-pegged stablecoin, RLUSD offers a relevant alternative designed to meet market needs. $ME $USUAL $STRAX #2024withBinance