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Home » Ripple Launches RLUSD Stablecoin Worldwide, Welcomes New Advisors

Ripple Launches RLUSD Stablecoin Worldwide, Welcomes New Advisors

Fahad Khan by Fahad Khan
December 24, 2024
in Fintech
Reading Time: 1 min read
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Ripple Launches RLUSD Stablecoin Worldwide, Welcomes New Advisors
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Market Integration and Payment Infrastructure

Ripple Payments, which has successfully managed $70 billion in payment volume across over 90 different markets, is set to integrate RLUSD in early 2025. This service encompasses 90% of the daily foreign exchange market, laying the groundwork for wider institutional acceptance of the stablecoin.

The primary goal of the token is to connect traditional finance with digital assets by enabling instantaneous settlements and enhancing liquidity for remittance activities.

Its connection with decentralized finance protocols—financial services that function without the need for traditional intermediaries—creates exciting new opportunities for institutional players.

“Stablecoins have the potential to become the foundation of private payments by providing a secure, scalable, and efficient alternative to traditional systems,” remarks Raghuram. “With a strong emphasis on compliance and dependability, RLUSD is designed to set new benchmarks for trust and play a crucial role in the evolution of payments.”


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Fahad Khan

Fahad Khan

A Deal hunter for Digital Phablet with a 8+ years of Digital Marketing experience.

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