$XRP It is clear how Ripple seeks to expand further across the Asian continent where it has strong partnerships with various institutions and exchanges.
News from X from the official account of Independent Reserve quotes:
Independent Reserve is the first #crypto exchange in #Singapore to include #stablecoin Ripple USD (RLUSD)! 🎉 IR #SG customers can trade #RLUSD in #SGD and #USD on our order book and over-the-counter (OTC) desk.
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The news reflects a significant advancement in the cryptocurrency sector in Singapore. By becoming the first exchange to list Ripple USD (RLUSD), Independent Reserve demonstrates how the stablecoin market continues to gain relevance in Asia. This benefits customers by providing them with more options to trade in both US dollars (USD) and Singapore dollars (SGD), promoting cryptocurrency adoption in the region. Furthermore, it shows the exchange's commitment to innovation and strengthening its offering in the financial market.
2025 will be interesting with the exit of Tether USDT.
Who will win the battle and dominate the stable coin market?
