$XRP RLUSD Stablecoin has $1.7 million as soon as it goes online Ripple changes the rules of the game!?
Ripple launches RLUSD stablecoin! A huge milestone for the Ripple and XRP communities!
What is RLUSD?
Simply put, it is a stablecoin that has been issued on XRP Ledger and Ethereum.
RLUSD is strictly regulated by the New York Department of Financial Services (NYDFS)!
Within 24 hours after RLUSD went online, the transaction volume soared to $1.7 million, and the total supply reached 68,200,300 RLUSD.
On the XRPL DEX, RLUSD has 32,908 trust lines and 5,875 holders.
There are also 492 holders on Ethereum.
RLUSD also has a luxurious advisory team, including former FDIC Chairman Sheila Bair and former Reserve Bank of India Governor Raghuram Rajan, both of whom are big names in the financial industry!
Why is RLUSD so powerful?
It can promote instant settlement of cross-border payments, making payments as fast as flying!
Provide strong liquidity for remittance and treasury operations
Seamless integration with decentralized finance (DeFi) protocols for painless switching
Building a reliable bridge between fiat and cryptocurrency ecosystems
Provide iron-clad collateral for transactions of tokenized assets such as commodities and securities on the chain
Where can I find it?
Exchanges currently online include: Uphold, Bitso, MoonPay, Archax and CoinMENA. It will be listed on more platforms in the future, such as Bullish, Bitstamp, Mercado Bitcoin, etc.
The launch of RLUSD is a big step for the Ripple and XRP communities. Let us look forward to more good news together! Get ready for this cryptocurrency revolution!