Ripple has announced the launch of its stablecoin, RLUSD, alongside strategic partnerships with prominent global exchanges. This new enterprise-grade, USD-denominated stablecoin emphasizes trust, liquidity, and regulatory compliance. Ripple’s collaborations with platforms like Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish will make RLUSD accessible to users and institutions worldwide.
CEO Brad Garlinghouse noted the growing need for high-quality stablecoins in various financial applications, including payments and asset tokenization. He stated that users are looking for dependable stablecoin solutions and that RLUSD is an excellent fit for these requirements. Ripple hopes to create a new benchmark in the stablecoin industry with RLUSD.
The post "Ripple Introduces RLUSD Stablecoin with Key Exchange Partnerships to Redefine Global Payments" first appeared on 36crypto.com News.
