
Ripple RLUSD to Launch Today Across Major Exchanges, Paving the Way for Cross-Border Payments
As reported by CryptoNewsLand (CNL), Ripple is set to officially launch its new stablecoin, RLUSD, today. The US dollar-backed digital currency aims to provide a USD-pegged solution for cross-border payments and decentralized finance (DeFi) applications.
According to reliable sources, RLUSD will be available on several major exchanges, including Uphold, Bitso, MoonPay, Archax, and CoinMENA. Further listings are expected on platforms like Bullish, Bitstamp, and Mercado Bitcoin in the near future.
In a statement released earlier today, Ripple emphasized the importance of its new stablecoin, highlighting its commitment to stability and transparency through monthly third-party attestations. This development is expected to significantly enhance the security and credibility of RLUSD as an effective tool for cross-border payments.
Notably, Ripple’s RLUSD will be supported on both XRP Ledger and Ethereum blockchain platforms.
Source: cryptonewsland.com