RLUSD is a stablecoin developed by Ripple Labs, the organization behind the XRP cryptocurrency. RLUSD, or Ripple Labs USD, aims to provide a stable digital currency for trading and transactions.
JinseFinanceGolden Finance launches the 2542nd issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceRipple’s CEO said RLUSD listings will go live on exchanges “soon” following the New York Department of Financial Services’ approval of the stablecoin.
JinseFinanceNew York’s top cryptocurrency regulator, the New York Department of Financial Services (NYDFS), is about to approve the new stablecoin RLUSD issued by cross-border payment company Ripple Labs.
JinseFinanceRipple Labs’ RLUSD stablecoin, an over-collateralized digital currency pegged to the U.S. dollar, is close to receiving approval from the New York Department of Financial Services (NYDFS).
JinseFinanceRipple is intensifying the development of its RLUSD stablecoin, engaging in frequent minting across the Ethereum and XRP networks. Although still in testing, RLUSD is expected to play a key role in settlement solutions, operating alongside XRP within Ripple’s expanding ecosystem.
BerniceOn 4 April, Ripple unveiled plans to launch its own stablecoin, pegged 1:1 to the US dollar, alongside its existing cryptocurrency, XRP. This strategic initiative markets a significant milestone for the company as it seeks to bridge the gap between traditional finance (TradFi) and decentralised finance (DeFi).
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JinseFinanceIn a bid to address concerns over rampant bot activity and engagement issues on popular microblogging platform X, /Reach, a web3-centric social platform, officially launched on 18 December. Following a successful beta phase with 6,000 users onboarded, the platform sets out to redefine the crypto social space.
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