Ripple’s stablecoin RLUSD has also started trading on the Peter Thiel-backed Bullish exchange! 🎉 RLUSD plays a key role in Ripple’s cross-border payment solutions and is pegged 1:1 to the US dollar. Although there were initial price fluctuations, it has now stabilized around $0.99.

XRP rose to $2.27 after the recent correction. Analysts are expecting a new rally. Buying by large investors could push XRP’s price higher. 📈