Ripple USD Challenges Tether’s Reign in the Stablecoin Market

  • Ripple USD launched on major exchanges, and listings will be expanding soon.  

  • RLUSD bridges blockchain efficiency with fiat stability.  

  • Ripple prioritizes compliance and trust to redefine stablecoin benchmarks. 

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

The stablecoin market is growing, but trust, compliance, and utility are critical. 🪙

Enter Ripple USD: https://t.co/Nu2yqsAYpj

Ripple President @MonicaLongSF explains why Ripple built $RLUSD to set a new benchmark for stablecoins. pic.twitter.com/Rfz0SXQiMx

— Ripple (@Ripple) December 18, 2024

Read also: Ripple’s RLUSD Stablecoin Set to Go Live Despite the SEC’s Allegations

Ripple, in its announcement post, stated 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-grade…

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