Braza Group announces the launch of BBRL stablecoin on the XRP Ledger to strengthen the Brazilian and South American digital economies. Issuance of BBRL aims to offer secure and cost-effective ...
Brazil’s securities regulator has approved the country’s first spot XRP exchange ... s self-custodial stablecoin ban to catalyze decentralization The stablecoin launch is slated for the ...
Ripple’s RLUSD, launched for enterprises, holds less than 0.7% of the market despite stabilizing at $1 peg. Offshore giants like Tether’s USDT dominate, overshadowing U.S.-backed stablecoins ...
In December, Ripple received approval from New York regulators to launch RLUSD. Meanwhile, Uber and Meta have also expressed interest in entering the stablecoin market. Moynihan has previously ...
XRP (CRYPTO: XRP), the cryptocurrency ... $100 million in assets flowed into the stablecoin within two months of its launch. That said, the vast majority of that is held on the Ethereum network.
"The SEC can do better," the press release ... a stablecoin called Ripple USD (RLUSD). The stablecoin is tied to the U.S. dollar, making it a less volatile bridge currency than XRP.
In an innovative move, a prominent Brazilian bank is set to become the first institution to launch a stablecoin on the XRPL ... the advanced technology of the XRP Ledger to facilitate faster ...
Even after a stellar run in the last three months, XRP could outperform both ... $100 million in assets flowed into the stablecoin within two months of its launch. That said, the vast majority ...