Ripple RLUSD Stablecoin Launch marks a milestone! Learn how this will impact XRP and the future of cross-border payments.

RLUSD stablecoin globally under NYDFS charter. Backed by USD reserves, it supports XRP Ledger & Ethereum for broad adoption

Ripple (XRP) confirmed in a press release on Monday that its RLUSD stablecoin will officially launch on Tuesday across exchanges, including MoonPay, Uphold, CoinMENA, Bitso and ArchaxEx. Bullish sentiments surrounding the launch could help XRP overcome the $2.58 and $2.92 resistance levels.

Ripple's RLUSD stablecoin is going live on December 17, which is likely to push the XRP price to new ATH with increased investor enthusiasm.

Ripple has announced the launch of RLUSD, its U.S. dollar-backed stablecoin, set to debut on Dec. 17. The stablecoin received final approval from the New York Department of Financial Services (NYDFS) on Dec.

Ripple’s much-anticipated fiat-backed stablecoin, Ripple USD (RLUSD), is generating major buzz ahead of its launch today.

The dollar-pegged Ripple USD (RLUSD) will begin trading Tuesday across Ethereum and XRP Ledger, Ripple said Monday.

While RLUSD’s price will always be redeemable for $1, some onchain “collectors” are likely bidding to be the first to hold the much-awaited Ripple stablecoin.

Blockchain company Ripple is releasing its own long-awaited stablecoin tomorrow after receiving approval from the New York Department of Financial Services (NYDFS) last week. The coin, named RLUSD, is an effort to advance Ripple’s goal of becoming the go-to network for international payments.

Ripple received approval to issue RLUSD from the New York State Department of Financial Services earlier this month.