Ripple News: Is RLUSD a Threat to XRP? Experts Weigh In
Dec 6, 2024 · A key feature of the XRP Ledger is its auto-bridging capability, which makes currency conversions easy. For example, sending RLUSD to someone in RLYEN is smooth due to XRPL’s decentralized exchange (DEX) and automated market maker (AMM) pools. These pools help stabilize prices and keep things running smoothly, even during market volatility.
RLUSD Listed on Uphold with 5% Rewards—Will XRP Benefit?
Dec 17, 2024 · In January 2025, RLUSD will become part of Uphold’s Rewards Center, allowing users to be rewarded for holding the stablecoin. This launch is an important milestone for Ripple and its attempts to advance digital payment systems and bring value to XRP holders.
Why Ripple RLUSD Volume Surged 170% in the Last 24 Hours?
2 days ago · While RLUSD volume surged, Ripple’s native token, XRP, followed a different path. Over the last 24 hours, XRP price experienced a 5% price drop, trading at $2.08, amid a broader crypto market downturn. However, its trading volume surged by 64%, reaching $4.11 billion, with a market cap of $119 billion.
XRP News: Ripple's RLUSD Attracts Bids For 800 XRP. But Why?
Dec 17, 2024 · Ripple’s upcoming RLUSD stablecoin is attracting bids upto 836 XRP on onchain marketplaces, despite being pegged to $1. Speculators often engage in high-priced transactions for small...
XRP Demand To Surge in 2025 as RLUSD Stablecoin Launches …
Dec 16, 2024 · The upcoming RLUSD stablecoin, pegged to the U.S. dollar, is set to launch on the XRP Ledger (XRPL) and Ethereum blockchains, backed 1:1 by cash reserves and short-term cash equivalents like U.S....
XRP News Today: Ripple’s RLUSD Stablecoin Gets NYDFS …
Dec 11, 2024 · RLUSD Market Impact. In short, this isn’t just about today’s price pump; it’s about setting the stage for sustained growth. Van Code predicts RLUSD could double XRP demand and potentially shake up the market by February 2025. However the present scenario is quite alarming, the crypto market is taking a big hit, with XRP dropping 12% to $2.07.
Ripple’s RLUSD Stablecoin Gains Approval – How Will XRP React?
Dec 11, 2024 · Before it gets final approval from the New York Department of Financial Services (NYDFS), the XRP RLUSD stablecoin tested on the Ethereum and XRP Ledger (XRPL) networks and is now preparing for its official launch on cryptocurrency exchanges.
XRP News: Ripple’s RLUSD Stablecoin Set to Launch in 4 Days
Nov 30, 2024 · The company behind XRP is preparing to launch its highly anticipated stablecoin, RLUSD, with approval from the New York Department of Financial Services (NYDFS) expected on December 4. Why is RLUSD so important and how will it change the game for Ripple AND crypto payments?
Ripple’s RLUSD Sparks Debate—Why It Won’t Overshadow XRP
Oct 10, 2024 · Ripple’s RLUSD stablecoin launch has sparked debate on XRP’s future. XRP supporters are worried RLUSD will reduce XRP’s cross-border role. Ripple’s CTO has assured XRP’s unique XRPL functions remain irreplaceable.
XRP News: Ripple Token Tops $100 Billion as RLUSD Nears …
Dec 1, 2024 · XRP flipped a $100 billion market capitalization late Saturday. Ripple will soon be allowed to legally offer RLUSD to the public if approved, with a possible launch date of Dec. 4. Bulls now...