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XRP and RLUSD
Ripple recently launched a new stablecoin called RLUSD, which is pegged to the US dollar. Unlike XRP, which is a volatile cryptocurrency, RLUSD provides stability by being fully backed by the US dollar, government bonds, and cash equivalents.
Naytilys2024:
Super.
📉 Deep Analytics for $XRP: ALL YOU need to know (with a short summary for begginers)
First for COMPLETE begginers... 🤔
You probably barely know what $XRP is. And, because you see it buzzing all over, you just want to know if you should be bullish or bearish and invest on it (or not). So i will shortly tell you...
Simply put, the projectile of the asset is bullish. Eventhough I'm not the best analyst, this time, many would be with me on this. Regardless, do your research and try to learn as much as possible... or read along
Now, let's talk deep... 🔎
First, recent important NEWS 🗞
On Dec 2, XRP has surged over 40% in the previous 24 hours due to positive regulatory news. The New York Department of Financial Services is reportedly close to approving Ripple's RLUSD stablecoin, which could potentially spur further growth in XRP's value.There's ongoing speculation that the SEC might drop its legal case against Ripple Labs.XRP has now become the fourth-largest cryptocurrency by market cap.Independent Reserve has listed Ripple's USD-backed stablecoin, RLUSD, in Singapore
Current Market Status 🏛
XRP has experienced a remarkable increase 🚀 in value, with its market cap now exceeding $129 billion, positioning it as the fourth-largest cryptocurrency. This recent surge can be attributed to several factors, including the positive regulatory environment following the U.S. election and developments in Ripple's legal battles with the SEC. The anticipation around the approval of #RLUSD has also played a pivotal role, offering a boost to the broader ecosystem around XRP.
Market Dynamics 📊
Ripple's strategy of managing its large supply of XRP through escrow has historically impacted its price. The recent unlock of 500 million XRP tokens could have implications on market sentiment, depending on whether these tokens enter circulation or are re-escrowed.
Investor Sentiment 🤑
There are buzzes around short squeezes, potential price targets, and the impact of RLUSD transactions on XRP supply through burns. These discussions reflect a community optimistic about XRP's future but also alert to the risks of market manipulation or rapid sell-offs.
Macro-Economic Factors 🏦
With discussions around potential Federal Reserve rate cuts, there's an increased interest in tokenized money market funds, which could benefit XRP through platforms like RippleNet and its stablecoin, RLUSD. This could drive liquidity and utility for XRP.
The listing of RLUSD on exchanges like Independent Reserve in Singapore underscores Ripple's push into international markets 🤤, particularly where regulatory environments for cryptocurrencies are more defined. This could lead to broader use cases for XRP beyond just speculative trading.
Chart Structure Analysis 📉
XRP has demonstrated a bullish divergence on technical charts, suggesting that while the price may have been moving downward, the momentum indicators (like RSI) did not follow, hinting at a potential reversal to the upside.
Breakout from Downward Channel
There's been a clear breakout from a longer-term downward channel on the XRP/USD charts, indicating a shift in trend from bearish to potentially bullish. This was confirmed by a retest at the top of the channel, acting as a new support level.
Bullish Flag Pattern
On shorter timeframes (like 8-hour charts), a bullish flag pattern has been identified, which, if confirmed by a breakout, could push XRP towards significant resistance levels around $2.91 and $3.20.
'W' Pattern
On monthly charts, XRP has formed what appears to be a massive 'W' pattern, which some analysts interpret as a sign of a major bullish reversal with a technical target around $35.
RSI Bullish Cross
The daily Relative Strength Index (RSI) for XRP has shown a bullish cross, where the RSI line moves above its moving average, suggesting increasing buying pressure and potential for further price increases.
It All Comes Down to... 📃
Short-term⏰️
Analysts are watching for XRP to potentially test the $2.90 level, which was a local high just weeks ago. If the bullish trends continue, especially with the RSI confirmation, XRP might aim for new highs in the short term, some predict a move towards $3 or beyond.
Long-term⏳️
Long-term forecasts are more speculative but hinge on regulatory clarity, the success of Ripple's payment solutions like RLUSD, and the broader adoption of XRP in financial transactions. Projections have been made for XRP to possibly hit $35 by late 2025, though this would require a perfect storm of positive developments.
Lastly... XRP's recent chart structures suggest a bullish 🚀 setup with potential for significant price increases if current trends and market sentiments continue. However, investors should approach with caution, considering the crypto market's unpredictability.
Like I always say... carefully Bullish
If you made it this far... follow for more analysis like this.
#MarketRebound
#Crypto2025Trends
You probably barely know what $XRP is. And, because you see it buzzing all over, you just want to know if you should be bullish or bearish and invest on it (or not). So i will shortly tell you...
Simply put, the projectile of the asset is bullish. Eventhough I'm not the best analyst, this time, many would be with me on this. Regardless, do your research and try to learn as much as possible... or read along
Now, let's talk deep... 🔎
First, recent important NEWS 🗞
On Dec 2, XRP has surged over 40% in the previous 24 hours due to positive regulatory news. The New York Department of Financial Services is reportedly close to approving Ripple's RLUSD stablecoin, which could potentially spur further growth in XRP's value.There's ongoing speculation that the SEC might drop its legal case against Ripple Labs.XRP has now become the fourth-largest cryptocurrency by market cap.Independent Reserve has listed Ripple's USD-backed stablecoin, RLUSD, in Singapore
Current Market Status 🏛
XRP has experienced a remarkable increase 🚀 in value, with its market cap now exceeding $129 billion, positioning it as the fourth-largest cryptocurrency. This recent surge can be attributed to several factors, including the positive regulatory environment following the U.S. election and developments in Ripple's legal battles with the SEC. The anticipation around the approval of #RLUSD has also played a pivotal role, offering a boost to the broader ecosystem around XRP.
Market Dynamics 📊
Ripple's strategy of managing its large supply of XRP through escrow has historically impacted its price. The recent unlock of 500 million XRP tokens could have implications on market sentiment, depending on whether these tokens enter circulation or are re-escrowed.
Investor Sentiment 🤑
There are buzzes around short squeezes, potential price targets, and the impact of RLUSD transactions on XRP supply through burns. These discussions reflect a community optimistic about XRP's future but also alert to the risks of market manipulation or rapid sell-offs.
Macro-Economic Factors 🏦
With discussions around potential Federal Reserve rate cuts, there's an increased interest in tokenized money market funds, which could benefit XRP through platforms like RippleNet and its stablecoin, RLUSD. This could drive liquidity and utility for XRP.
The listing of RLUSD on exchanges like Independent Reserve in Singapore underscores Ripple's push into international markets 🤤, particularly where regulatory environments for cryptocurrencies are more defined. This could lead to broader use cases for XRP beyond just speculative trading.
Chart Structure Analysis 📉
XRP has demonstrated a bullish divergence on technical charts, suggesting that while the price may have been moving downward, the momentum indicators (like RSI) did not follow, hinting at a potential reversal to the upside.
Breakout from Downward Channel
There's been a clear breakout from a longer-term downward channel on the XRP/USD charts, indicating a shift in trend from bearish to potentially bullish. This was confirmed by a retest at the top of the channel, acting as a new support level.
Bullish Flag Pattern
On shorter timeframes (like 8-hour charts), a bullish flag pattern has been identified, which, if confirmed by a breakout, could push XRP towards significant resistance levels around $2.91 and $3.20.
'W' Pattern
On monthly charts, XRP has formed what appears to be a massive 'W' pattern, which some analysts interpret as a sign of a major bullish reversal with a technical target around $35.
RSI Bullish Cross
The daily Relative Strength Index (RSI) for XRP has shown a bullish cross, where the RSI line moves above its moving average, suggesting increasing buying pressure and potential for further price increases.
It All Comes Down to... 📃
Short-term⏰️
Analysts are watching for XRP to potentially test the $2.90 level, which was a local high just weeks ago. If the bullish trends continue, especially with the RSI confirmation, XRP might aim for new highs in the short term, some predict a move towards $3 or beyond.
Long-term⏳️
Long-term forecasts are more speculative but hinge on regulatory clarity, the success of Ripple's payment solutions like RLUSD, and the broader adoption of XRP in financial transactions. Projections have been made for XRP to possibly hit $35 by late 2025, though this would require a perfect storm of positive developments.
Lastly... XRP's recent chart structures suggest a bullish 🚀 setup with potential for significant price increases if current trends and market sentiments continue. However, investors should approach with caution, considering the crypto market's unpredictability.
Like I always say... carefully Bullish
If you made it this far... follow for more analysis like this.
#MarketRebound
#Crypto2025Trends
Anne-exchange:
Capitalize on the market outlook now and make the right investment using the right expertise. See my pinned post on how to do so
“XRP can make you rich”
Crypto commentator Oscar Ramos made statements that will excite $XRP investors.
XRP, which dazzled with its performance in November, has started to weaken in recent days. Increasing selling pressure caused the $XRP price to lose nearly 20 percent of its value. The popular altcoin made investors nervous, especially with the 10 percent drop it made on December 20. Crypto analysts think that XRP will continue to rise despite the climate of fear.
Crypto commentator Ramos said that #XRP owners can become rich. The expert commentator touched on a catalyst that will allow #XRP to rise again.
XRP increased by 283 percent after Donald Trump won the US presidential election on November 5. The altcoin, which achieved its highest monthly close in the last seven years, performed weakly in December.
According to TheCryptoBasic, XRP continued its potential rally until December. The popular altcoin reached $2.9, its highest level in the last seven years, on December 5. The altcoin, which was affected by the declines under the name of correction, consolidated around $2.
Market commentator Ramos thinks that the consolidation phase in XRP is temporary and the price will continue to rise. According to Ramos, $XRP owners will be rich.
Ramos sees the current decline as an opportunity to accumulate more coins before the next potential breakout. Ramos, who shared a video, reminded that market activities were stagnant during the Christmas period. Ramos, who suggested that investors should evaluate these opportunities, suggested that price volatility will begin soon.
Ramos thinks that XRP should be opened to institutional investors in the US in order to realize its potential rally. According to the market expert, the launch of spot ETFs will positively affect the price of XRP. Ramos also predicts that the #RLUSD stablecoin will contribute to the rise of XRP.
Crypto commentator Oscar Ramos made statements that will excite $XRP investors.
XRP, which dazzled with its performance in November, has started to weaken in recent days. Increasing selling pressure caused the $XRP price to lose nearly 20 percent of its value. The popular altcoin made investors nervous, especially with the 10 percent drop it made on December 20. Crypto analysts think that XRP will continue to rise despite the climate of fear.
Crypto commentator Ramos said that #XRP owners can become rich. The expert commentator touched on a catalyst that will allow #XRP to rise again.
XRP increased by 283 percent after Donald Trump won the US presidential election on November 5. The altcoin, which achieved its highest monthly close in the last seven years, performed weakly in December.
According to TheCryptoBasic, XRP continued its potential rally until December. The popular altcoin reached $2.9, its highest level in the last seven years, on December 5. The altcoin, which was affected by the declines under the name of correction, consolidated around $2.
Market commentator Ramos thinks that the consolidation phase in XRP is temporary and the price will continue to rise. According to Ramos, $XRP owners will be rich.
Ramos sees the current decline as an opportunity to accumulate more coins before the next potential breakout. Ramos, who shared a video, reminded that market activities were stagnant during the Christmas period. Ramos, who suggested that investors should evaluate these opportunities, suggested that price volatility will begin soon.
Ramos thinks that XRP should be opened to institutional investors in the US in order to realize its potential rally. According to the market expert, the launch of spot ETFs will positively affect the price of XRP. Ramos also predicts that the #RLUSD stablecoin will contribute to the rise of XRP.
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🔥 Ripple launches RLUSD – a new era for cryptocurrency! 🔥
Ripple is changing the game again! 💎 Introducing RLUSD – a stablecoin pegged to the US dollar and backed by assets: cash 💵 and government bonds 📈.
RLUSD vs. XRP:
⚖️ Stability: RLUSD is fixed, XRP is volatile.
🎯 Purpose: RLUSD is for stable transactions, XRP is for fast and cheap transfers.
🛠️ Unified base: Both operate on the XRP Ledger, ensuring compatibility.
Impact of RLUSD on XRP:
🚀 Attracts new users and investors.
📊 Increases activity on the XRP Ledger, supporting XRP.
RLUSD is a step towards integrating cryptocurrencies into the global economy. 🌍
Ripple makes crypto user-friendly! 💡 Share your thoughts in the comments! 👇
#Ripple #RLUSD $XRP $SOL $BTC
Ripple is changing the game again! 💎 Introducing RLUSD – a stablecoin pegged to the US dollar and backed by assets: cash 💵 and government bonds 📈.
RLUSD vs. XRP:
⚖️ Stability: RLUSD is fixed, XRP is volatile.
🎯 Purpose: RLUSD is for stable transactions, XRP is for fast and cheap transfers.
🛠️ Unified base: Both operate on the XRP Ledger, ensuring compatibility.
Impact of RLUSD on XRP:
🚀 Attracts new users and investors.
📊 Increases activity on the XRP Ledger, supporting XRP.
RLUSD is a step towards integrating cryptocurrencies into the global economy. 🌍
Ripple makes crypto user-friendly! 💡 Share your thoughts in the comments! 👇
#Ripple #RLUSD $XRP $SOL $BTC
Luxury Royal Coin LRCO:
все это будет но только после 20 января .конечно сейчас нужно закупать XRP чтобы после не пожалеть что не затарился с Xrp ))
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🚨HOT: Binance is currently blocking European users from receiving USDT.
Europe is starting to delist USDT!
$RLUSD (Ripple USD) will be the standard for all stablecoin transactions!
With this, you hold $XRP , prepare to receive a gift, the price of XRP is expected to soar as liquidity is provided for one of the largest Crypto markets in the world.
#Xrp🔥🔥 #RLUSDApprovalBoostXRP #RLUSD #Ripple
Europe is starting to delist USDT!
$RLUSD (Ripple USD) will be the standard for all stablecoin transactions!
With this, you hold $XRP , prepare to receive a gift, the price of XRP is expected to soar as liquidity is provided for one of the largest Crypto markets in the world.
#Xrp🔥🔥 #RLUSDApprovalBoostXRP #RLUSD #Ripple
TrongRick:
If Trump jumps into cryptocurrency, he will have to create a new USD currency. He will have full control over that Fomo currency. Keep dreaming, honey 😂
🚀 EXPLAINED: Ripple Labs’ $RLUSD Stablecoin — Everything You Need to Know!
🔗 What is $RLUSD?
Ripple Labs introduces $RLUSD, a US dollar-pegged stablecoin designed to revolutionize global payments. Similar to other major stablecoins, $RLUSD is minted when users or institutions deposit capital assets like US dollars.
🌐 Where Can You Use $RLUSD?
$RLUSD is fully transactable on Ethereum and the XRP Ledger blockchains, ensuring seamless integration across multiple platforms.
💼 The Ripple Payment Network
In 2025, $RLUSD will become a core part of the Ripple Payment Network, providing enterprise clients with efficient, low-cost cross-border transactions.
⚡ Why It Matters:
Faster Payments: Delivering speed and reliability for global transfers.
Cost-Effective: Reducing fees for institutions handling international transactions.
Interoperability: Built on robust blockchain ecosystems for seamless usage.
🔑 Key Takeaway:
$RLUSD is set to bridge the gap between traditional finance and blockchain-powered payments. Its integration into Ripple’s enterprise-focused payment solutions makes it a game-changer for global institutions.
💬 Are you ready for the future of finance? Let us know your thoughts on $RLUSD below!
#Ripple #RLUSD #Stablecoin #CryptoInnovation #BlockchainPayments
$ETC
$USDC
🔗 What is $RLUSD?
Ripple Labs introduces $RLUSD, a US dollar-pegged stablecoin designed to revolutionize global payments. Similar to other major stablecoins, $RLUSD is minted when users or institutions deposit capital assets like US dollars.
🌐 Where Can You Use $RLUSD?
$RLUSD is fully transactable on Ethereum and the XRP Ledger blockchains, ensuring seamless integration across multiple platforms.
💼 The Ripple Payment Network
In 2025, $RLUSD will become a core part of the Ripple Payment Network, providing enterprise clients with efficient, low-cost cross-border transactions.
⚡ Why It Matters:
Faster Payments: Delivering speed and reliability for global transfers.
Cost-Effective: Reducing fees for institutions handling international transactions.
Interoperability: Built on robust blockchain ecosystems for seamless usage.
🔑 Key Takeaway:
$RLUSD is set to bridge the gap between traditional finance and blockchain-powered payments. Its integration into Ripple’s enterprise-focused payment solutions makes it a game-changer for global institutions.
💬 Are you ready for the future of finance? Let us know your thoughts on $RLUSD below!
#Ripple #RLUSD #Stablecoin #CryptoInnovation #BlockchainPayments
$ETC
$USDC
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#USDT has no backing and its value is completely speculative. Europe is preparing to never work again according to MICA regulations with Theather starting from 01-01-2025. This is not a prediction, it is a reality. #RLUSD will take over the entire European market for having its own Fiat reserves.
Recommendation: Do not sell your #XRP . Protect it until the end, otherwise you will regret it, it doesn't matter if you only have 1. It will be worth a lot.
Recommendation: Do not sell your #XRP . Protect it until the end, otherwise you will regret it, it doesn't matter if you only have 1. It will be worth a lot.
See original
Ripple's shocking transfer triggers a stir! What impact will this have on the market?
Friends in the crypto world, imagine when Ripple's main wallet suddenly transfers more than $200 million worth of XRP to unknown addresses, what would you think? Is this a routine operation, or does it hint at a change in market direction? 🐋💸
The secrets behind the mysterious transfer
On December 21, Ripple's main wallet transferred 90 million XRP to two unknown addresses, sparking widespread attention in the community. Although this transaction accounts for less than 1% of XRP's average daily trading volume, the timing is intriguing—just as Ripple launched the stablecoin RLUSD.
Some speculate that Ripple may be providing funds for RLUSD's liquidity reserves by converting XRP into fiat currency. This speculation is not unfounded, as RLUSD is currently listed on multiple exchanges, including Uphold, MoonPay, CoinMENA, and is expected to land on more platforms.
The secrets behind the mysterious transfer
On December 21, Ripple's main wallet transferred 90 million XRP to two unknown addresses, sparking widespread attention in the community. Although this transaction accounts for less than 1% of XRP's average daily trading volume, the timing is intriguing—just as Ripple launched the stablecoin RLUSD.
Some speculate that Ripple may be providing funds for RLUSD's liquidity reserves by converting XRP into fiat currency. This speculation is not unfounded, as RLUSD is currently listed on multiple exchanges, including Uphold, MoonPay, CoinMENA, and is expected to land on more platforms.
Felix LAU:
XRP will never fall below 2U again. Bitcoin has plummeted in the past few days, and XRP can remain near 2.2, which shows that it is very strong.
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$XRP to Release 1 Billion XRP - Will It Shake The Crypto Market?
On January 1, 2025, Ripple will unlock over $2 billion worth of $XRP tokens in three transactions totaling 1 billion XRP, representing 1.74% of the current circulating supply and 2.63% of the remaining locked tokens. The escrows, held by Ripple-owned wallets, include 200 million and 300 million XRP locked in December 2020 and January 2021 which will reach finality on December 31.
#xrp #XRPPredictions
On January 1, 2025, Ripple will unlock over $2 billion worth of $XRP tokens in three transactions totaling 1 billion XRP, representing 1.74% of the current circulating supply and 2.63% of the remaining locked tokens. The escrows, held by Ripple-owned wallets, include 200 million and 300 million XRP locked in December 2020 and January 2021 which will reach finality on December 31.
#xrp #XRPPredictions
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Ripple, Bitstamp and Robinhood united: A price rocket for XRP?
Ripple, Robinhood and Bitstamp: A possible price revolution for XRP
Ripple, Robinhood and Bitstamp's strategic partnership to tap into the tokenized derivatives market could not only revolutionize the financial world, but also take the XRP price to a whole new level. The global derivatives market is valued at over $1 quadrillion - even bringing just 1% of that ($10 trillion) onto the XRP Ledger could have a massive impact.
Hypothetical XRP price at market penetration
Ripple, Robinhood and Bitstamp's strategic partnership to tap into the tokenized derivatives market could not only revolutionize the financial world, but also take the XRP price to a whole new level. The global derivatives market is valued at over $1 quadrillion - even bringing just 1% of that ($10 trillion) onto the XRP Ledger could have a massive impact.
Hypothetical XRP price at market penetration
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useful info! and what do you think of #RLUSD ?$XRP
USDT vs. USDC: What You Need to Know
Many of my friends suggest buying USDC over USDT, but today I will break down the pros and cons of both stablecoins so you can make an informed decision.
It’s true that USDT has faced some issues in Europe, but let's look at the facts.
USDT: The Strongest Stablecoin
USDT is currently the leading stablecoin with a market cap three times larger than USDC. These numbers speak for themselves.
Advantages of USDT:
Market Dominance: USDT holds the largest market cap, making it the most established and widely used stablecoin.
Low Taxes: USDT transactions generally have low or even negligible fees, making it a cost-effective choice for users.
However, the big issue with USDT is that it’s issued by a Chinese company, which raises concerns in certain regions like the US and Europe. This may lead to regulatory challenges in the future, but for now, USDT remains a powerful asset.
USDC: The American Alternative
USDC, on the other hand, is backed by a US-based company and is built on the Ethereum network. While it is a solid alternative, there are some downsides.
Disadvantages of USDC:
Higher Transaction Fees: Since USDC is based on the Ethereum network, transaction fees are typically higher due to Ethereum's gas costs.
Smaller Market Cap: USDC's market cap is significantly smaller than USDT's, which could affect liquidity and stability.
Why the Tension Between USDT and USDC?
The main reason for the debate over USDT is its origin. Being a Chinese company, USDT faces scrutiny, especially in regions like the US and Europe, which may lead to potential regulatory issues in the future. Meanwhile, USDC is seen as a safer alternative due to its US-based company backing.
But is USDC the best option right now? Not necessarily. Its high transaction fees could be a burden for investors, especially if you're making frequent transfers or trading smaller amounts.
My Advice: Stick With USDT for Now
For now, USDT remains the more practical choice due to its low fees and dominant market position. However, keep an eye out for new stablecoins, as I believe the market will see alternatives emerge soon that could be more favorable for investors.
Until then, don’t rush into switching to USDC. Stick with USDT unless there is a clear, better alternative in the future.
Good luck to everyone!
#BTCNextMove #BinanceLaunchpoolBIO #GrayscaleHorizenTrust #BinanceAlphaAlert #MicroStrategyInNasdaq100 $XRP $ETH $BTC
It’s true that USDT has faced some issues in Europe, but let's look at the facts.
USDT: The Strongest Stablecoin
USDT is currently the leading stablecoin with a market cap three times larger than USDC. These numbers speak for themselves.
Advantages of USDT:
Market Dominance: USDT holds the largest market cap, making it the most established and widely used stablecoin.
Low Taxes: USDT transactions generally have low or even negligible fees, making it a cost-effective choice for users.
However, the big issue with USDT is that it’s issued by a Chinese company, which raises concerns in certain regions like the US and Europe. This may lead to regulatory challenges in the future, but for now, USDT remains a powerful asset.
USDC: The American Alternative
USDC, on the other hand, is backed by a US-based company and is built on the Ethereum network. While it is a solid alternative, there are some downsides.
Disadvantages of USDC:
Higher Transaction Fees: Since USDC is based on the Ethereum network, transaction fees are typically higher due to Ethereum's gas costs.
Smaller Market Cap: USDC's market cap is significantly smaller than USDT's, which could affect liquidity and stability.
Why the Tension Between USDT and USDC?
The main reason for the debate over USDT is its origin. Being a Chinese company, USDT faces scrutiny, especially in regions like the US and Europe, which may lead to potential regulatory issues in the future. Meanwhile, USDC is seen as a safer alternative due to its US-based company backing.
But is USDC the best option right now? Not necessarily. Its high transaction fees could be a burden for investors, especially if you're making frequent transfers or trading smaller amounts.
My Advice: Stick With USDT for Now
For now, USDT remains the more practical choice due to its low fees and dominant market position. However, keep an eye out for new stablecoins, as I believe the market will see alternatives emerge soon that could be more favorable for investors.
Until then, don’t rush into switching to USDC. Stick with USDT unless there is a clear, better alternative in the future.
Good luck to everyone!
#BTCNextMove #BinanceLaunchpoolBIO #GrayscaleHorizenTrust #BinanceAlphaAlert #MicroStrategyInNasdaq100 $XRP $ETH $BTC
#Ripple💰 has received final approval from the New York Department of Financial Services (NYDFS) to launch its #stablecoin , $RLUSD, which could significantly boost $XRP 's demand. #RLUSD 's use could lead to high #XRP burning rates, potentially increasing its value through reduced supply.
#bullish
#bullish
Miquelet55:
You're a little late
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$XRP could reach $5, $10 and $590 in 2025 🚀💥💥
Why?
👉Paying with #RLUSD is applied to reduce the risk of slippage:
Ripple's implementation of stablecoins like $RLUSD to support cross-border payments helps reduce exchange rate fluctuations. This increases the stability of transactions, making RippleNet the top choice in the international payments sector.
👉Paying with $XRP minus fees helps reduce inflation:
Using XRP to pay transaction fees helps remove some of the supply from the market. As transaction volume increases, the amount of XRP burned will increase, thereby reducing the circulating supply, creating sustainable upward pressure on prices over time.
👉No more legal barriers from SEC:
With Ripple overcoming legal challenges from SEC, the door to cooperation with large financial institutions has opened wide. This is an opportunity for $XRP to reaffirm its position in the global financial market.
👉Driving force from market expansion:
Ripple continues to expand its partner network and integrate more countries and regions using RippleNet. This will boost the demand for $XRP , especially in cross-border payment corridors.
#XRPHolders #XRPcommunity
Why?
👉Paying with #RLUSD is applied to reduce the risk of slippage:
Ripple's implementation of stablecoins like $RLUSD to support cross-border payments helps reduce exchange rate fluctuations. This increases the stability of transactions, making RippleNet the top choice in the international payments sector.
👉Paying with $XRP minus fees helps reduce inflation:
Using XRP to pay transaction fees helps remove some of the supply from the market. As transaction volume increases, the amount of XRP burned will increase, thereby reducing the circulating supply, creating sustainable upward pressure on prices over time.
👉No more legal barriers from SEC:
With Ripple overcoming legal challenges from SEC, the door to cooperation with large financial institutions has opened wide. This is an opportunity for $XRP to reaffirm its position in the global financial market.
👉Driving force from market expansion:
Ripple continues to expand its partner network and integrate more countries and regions using RippleNet. This will boost the demand for $XRP , especially in cross-border payment corridors.
#XRPHolders #XRPcommunity
Win VN:
🤩🤩🤩🤩🤩🤩🤩🤩🤩🤩
#RLUSD , the Ripple stablecoin, secures a listing on its first Singapore-based crypto exchange, Independent Reserve, as the platform grants its users access to the asset.
In the latest Ripple news today, The Ripple stablecoin, RLUSD, has officially launched on a major Asian exchange. Per a Tuesday announcement, Singapore users can now buy and use the stablecoin for pair trading and cross-border payments.
Independent Reserve announced it is the first Singapore exchange to bring the newly launched stablecoin to users in the region. The exchange noted that it allowed the use of RLUSD on its platform on December 22.
RLUSD Debuts in Singapore
Independent Reserve, which holds the position as the first licensed exchange in Singapore, noted that it offers the RLUSD stablecoin on its order book and over-the-counter (OTC) desk. This allows users to harness the asset’s full potential for trading and seamless cross-border payments.
Customers of Independent Reserve can buy and sell RLUSD on the order books using the Singapore dollar (SGD) or the US dollar (USD). The options allow users to acquire the XRPL-based stablecoin on the exchange conveniently.
Recall that Ripple confirmed that the stablecoin would debut on five exchanges initially, with planned support on additional exchanges like Independent Reserve later. Ripple’s CEO Brad Garlinghouse mentioned earlier that the Ripple stablecoin would later begin trading on Independent Reserve, Bullish, and Bitstamp.
#CryptoNewsCommunity
In the latest Ripple news today, The Ripple stablecoin, RLUSD, has officially launched on a major Asian exchange. Per a Tuesday announcement, Singapore users can now buy and use the stablecoin for pair trading and cross-border payments.
Independent Reserve announced it is the first Singapore exchange to bring the newly launched stablecoin to users in the region. The exchange noted that it allowed the use of RLUSD on its platform on December 22.
RLUSD Debuts in Singapore
Independent Reserve, which holds the position as the first licensed exchange in Singapore, noted that it offers the RLUSD stablecoin on its order book and over-the-counter (OTC) desk. This allows users to harness the asset’s full potential for trading and seamless cross-border payments.
Customers of Independent Reserve can buy and sell RLUSD on the order books using the Singapore dollar (SGD) or the US dollar (USD). The options allow users to acquire the XRPL-based stablecoin on the exchange conveniently.
Recall that Ripple confirmed that the stablecoin would debut on five exchanges initially, with planned support on additional exchanges like Independent Reserve later. Ripple’s CEO Brad Garlinghouse mentioned earlier that the Ripple stablecoin would later begin trading on Independent Reserve, Bullish, and Bitstamp.
#CryptoNewsCommunity