Ripple Joins Singapore Sandbox to Test RLUSD in Trade Finance
Financial technology company Ripple said Wednesday it had joined the Monetary Authority of Singapore’s (MAS) BLOOM initiative with supply chain ...
Read moreDetailsFinancial technology company Ripple said Wednesday it had joined the Monetary Authority of Singapore’s (MAS) BLOOM initiative with supply chain ...
Read moreDetailsThis announcement aligns with the recent expansion in Australia to push RLUSD as a settlement asset for institutional use. ...
Read moreDetailsKey NotesBinance is set to list Ripple’s USD-pegged stablecoin RLUSD.RLUSD is first supported on Ethereum, with XRPL to follow later.Ripple ...
Read moreDetailsKey Takeaways Ripple will provide $150 million in financing to support LMAX’s cross-asset expansion as RLUSD becomes core collateral for ...
Read moreDetailsRipple Labs is expanding its US dollar-backed stablecoin RLUSD to Ethereum layer-2 blockchains as part of a pilot while it ...
Read moreDetailsKey NotesRipple partners with Wormhole to deploy RLUSD across Optimism, Base, Ink Chain, and Unichain using Native Token Transfers.The integration ...
Read moreDetailsKey Takeaways Ripple plans to bring RLUSD to multiple Ethereum L2s through Wormhole’s cross-chain messaging protocol. The expansion will include ...
Read moreDetailsRipple’s dollar-pegged stablecoin was cleared for use by institutions in Abu Dhabi after winning recognition as an Accepted Fiat-Referenced Token ...
Read moreDetailsThe partnership aims to enable settlements using the Ripple USD (RLUSD) stablecoin for Mastercard and WebBank payments. Ripple has ...
Read moreDetailsKey NotesThe stablecoin maintains a 103% reserve buffer with holdings in US Treasury bills and FDIC-insured bank deposits under NYDFS ...
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