Express

Ripple to Launch USD-Pegged Stablecoin RLUSD on December 17

Mary Liu

Summary: Ripple, a major player in the blockchain industry, is set to launch a new US dollar-backed stablecoin called RLUSD on December 17th. This digital currency will be listed on several popular exchanges and will be backed by actual US dollars. To ensure transparency, Ripple will publish monthly reports verifying the amount of US dollars held ...

Ripple, a major player in the blockchain industry, is set to launch a new US dollar-backed stablecoin called RLUSD on December 17th. This digital currency will be listed on several popular exchanges and will be backed by actual US dollars.

To ensure transparency, Ripple will publish monthly reports verifying the amount of US dollars held to support RLUSD. This move aims to build trust among investors and promote wider adoption of the stablecoin.

Additionally, Ripple plans to use RLUSD for global payments, enabling faster and more efficient transactions for businesses around the world.

Last Update:

Tags: ,,
Link: Ripple to Launch USD-Pegged Stablecoin RLUSD on December 17   [Copy]
Next:

Related Articles

  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 7 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 11 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025

    • You need to login to comment.