CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
The Coin Rise 2025-01-09 18:29:16

Ripple’s RLUSD Gains Momentum With Major Exchange Listing

Ripple Lab’s newly launched stablecoin, RLUSD, is steadily making waves in the crypto world. With its recent adoption by prominent exchanges like Bitstamp and Bullish, Ripple’s President Monica Long, envisions a broader expansion. In a recent interview shared on X, Long confidently hints that Coinbase could soon join the roster. If this happens, it could mark another significant milestone in RLUSD’s journey toward global adoption. Ripple RLUSD Expands Trading Pairs on Major Platforms Bitstamp’s integration of RLUSD has significantly broadened its accessibility. The platform now offers trading pairs such as RLUSD/EUR, RLUSD/USDT, RLUSD/USD, RLUSD/BTC, RLUSD/ETH, and RLUSD/XRP. These trading pairs position RLUSD as a versatile asset for institutional and retail traders. The stablecoin provides easy access to digital USD and is a reliable tool for cross-border business payments. RLUSD offers on and off-ramps, allowing users to move funds between traditional and digital currencies. Monica Long also said RLUSD would be supported by XRP, which does not rely on other parties. This makes the asset more stable and easier to use. Ripple Payments Sees Growing Demand RippleNet, powered by XRP and now boosted by RLUSD, is on a rapid growth trajectory. Monica Long shared that demand for Ripple’s payment solutions doubled last year, showing its rising importance in global finance. As RLUSD becomes more integrated, Ripple expects market activity to skyrocket this year. Financial institutions and traders alike are expected to drive this surge. Since its launch in December, RLUSD has reached a market value of about $73 million, with over 80 million coins minted. The asset has quickly become the fourth-most traded stablecoin, increasing its trading volume by over 2000%. This rapid growth shows the trust and adoption it has gained quickly. Ripple plans to expand RLUSD’s reach even further, positioning it as a top asset in its ecosystem. What’s Next for RLUSD And XRP? Ripple’s vision goes beyond its current partnerships. Monica Long predicts that RLUSD will soon be listed on Coinbase. This reflects Ripple’s goal to make RLUSD one of the top stablecoins. RLUSD could set new standards for stablecoin use, liquidity, and popularity as the crypto market changes. With strong plans for growth and a proven record, RLUSD is more than just a stablecoin; it represents Ripple’s future vision for finance. Additionally, Monica Long mentioned that an XRP Exchange-Traded Fund (ETF) will be coming very soon. This means XRP will likely be available for investment in a new way, making it more accessible to a wider audience. The post Ripple’s RLUSD Gains Momentum With Major Exchange Listing appeared first on TheCoinrise.com .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约