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Ripple Launches RLUSD Stablecoin on Global Exchanges Today

  • Ripple has launched its stablecoin, Ripple USD (RLUSD), on global exchanges today.
  • RLUSD is fully backed by US dollar deposits, government bonds, and cash equivalents, ensuring stability.
  • The stablecoin is initially available on Uphold, Bitso, MoonPay, Archax, CoinMENA, with plans to expand to other exchanges in the coming weeks.
  • Ripple aims to facilitate global adoption through partnerships, focusing on cross-border payments, DeFi integration, and liquidity access.

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