RLUSD has been formally recognised by Abu Dhabi’s FSRA, enabling licensed companies to make use of the stablecoin for a spread of regulated monetary actions. Launched in late 2024, RLUSD’s circulating provide has now surpassed US$1.2B (AU$1.85B), reflecting sturdy institutional adoption throughout the Center East and Africa. Regulatory approval inContinue Reading
Ripple’s RLUSD stablecoin reached US$1.027 billion in market capitalisation, attaining 1,278% development for the reason that begin of the yr. The stablecoin is totally backed 1:1 with US Treasury payments, authorities cash market funds, and FDIC-insured deposits, with month-to-month attestations overseen by the Financial institution of New York Mellon asContinue Reading
Ripple is extending its influence in African markets through partnerships with local fintechs, aiming to boost cross-border payment options for businesses. RLUSD, already backed by regulators in New York and surpassing $1B AUD in supply, is positioning itself as a credible alternative to dominant stablecoins like USDT and USDC. BeyondContinue Reading
Ripple’s RLUSD stablecoin has quietly reached a US$600 million market cap by August 2025, growing from just US$70 million in January after launching in late 2024. Despite impressive growth, RLUSD remains dwarfed by market leaders USDT (US$163.8 billion) and USDC (US$64.3 billion), targeting institutional rather than retail users. XRP hasContinue Reading
