Primary use case for RLUSD by December 31, 2025?
Remittances • 25%
Trading • 25%
Savings • 25%
Other • 25%
Market analysis reports and usage data from Ripple and cryptocurrency platforms
Ripple CEO Confirms NYDFS Approval for RLUSD Stablecoin Launch
Dec 10, 2024, 07:57 PM
Ripple has received final approval from the New York Department of Financial Services (NYDFS) to launch its stablecoin, RLUSD. Ripple CEO Brad Garlinghouse confirmed that exchange and partner listings for RLUSD will be live soon. This approval marks a significant step for Ripple in expanding its offerings in the cryptocurrency market.
View original story
Cross-border payments • 25%
Liquidity management • 25%
DeFi integration • 25%
Tokenized asset trading • 25%
Other • 25%
Institutional tokenization • 25%
Retail transactions • 25%
Cross-border payments • 25%
Cross-Border Payments • 25%
Institutional Settlement • 25%
Retail Transactions • 25%
Other • 25%
Lending • 25%
Trading • 25%
Other • 25%
Liquidity provision • 25%
Other • 25%
Remittances • 25%
Cross-border payments • 25%
DeFi applications • 25%
Retail transactions • 25%
Cross-border payments • 25%
Decentralized finance • 25%
Other • 25%
Ethereum • 25%
Binance Smart Chain • 25%
Other • 25%
XRP Ledger • 25%
HSBC • 25%
None of these • 25%
Bank of America • 25%
JP Morgan • 25%
Very Low (< $100 million) • 25%
Low ($100 million - $500 million) • 25%
Moderate ($500 million - $1 billion) • 25%
High (> $1 billion) • 25%
Neither • 25%
Both Ethereum and XRP Ledger • 25%
XRP Ledger only • 25%
Ethereum only • 25%
Coinbase • 25%
Binance • 25%
Kraken • 25%
Other • 25%