Loading...
Loading...
Browse all stories on DeepNewz
VisitHow many platforms will RLUSD be available on by June 30, 2025?
1-2 platforms • 25%
3-4 platforms • 25%
5-6 platforms • 25%
More than 6 platforms • 25%
Official announcements from Ripple and partner platforms
Ripple Launches RLUSD Stablecoin Today, Approved by NYDFS
Dec 4, 2024, 01:34 PM
Ripple Labs is set to launch its new USD-denominated stablecoin, Ripple USD (RLUSD), today, following approval by the New York Department of Financial Services (NYDFS). The company has been actively testing the stablecoin, minting nearly 10 million tokens on the XRP Ledger and an additional 40 million on Ethereum. This move aligns with Ripple's broader strategy to expand its offerings and potentially secure a NYDFS license. The crypto community has shown significant interest, with RLUSD gaining over 1,000 trustlines in its debut hours. Additionally, Justin Sun has teased the launch of RLUSD on the Tron network, indicating a multi-platform approach for the stablecoin.
View original story
1-2 • 25%
3-4 • 25%
5-6 • 25%
More than 6 • 25%
Cross-border payments • 25%
DeFi applications • 25%
Retail transactions • 25%
Other • 25%
Yes, high adoption • 33%
Moderate adoption • 33%
Low adoption • 33%
XRP Ledger • 25%
Ethereum • 25%
Binance Smart Chain • 25%
Other • 25%
Cross-border payments • 25%
Remittances • 25%
Institutional settlements • 25%
Other use cases • 25%
Remittances • 25%
Trading • 25%
Savings • 25%
Other • 25%
Cross-border payments • 25%
Liquidity management • 25%
DeFi integration • 25%
Tokenized asset trading • 25%
0-5 partnerships • 25%
6-10 partnerships • 25%
11-15 partnerships • 25%
More than 15 partnerships • 25%
Institutional tokenization • 25%
Retail transactions • 25%
Cross-border payments • 25%
Other • 25%
6-10 • 25%
Outside top 20 • 25%
Top 5 • 25%
11-20 • 25%