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Ripple Prepares to Bring Stablecoin to Global Exchanges

  • Blockchain firm Ripple is set to launch its stablecoin, Ripple USD (RLUSD), on global exchanges.
  • RLUSD will be available from December 17th and initially offered on Uphold, Bitso, MoonPay, Archax, and CoinMENA.
  • The stablecoin aims to facilitate instant settlement of cross-border payments and provide liquidity for remittance and treasury functions.
  • Ripple Payments will use RLUSD to enable global payments for its enterprise customers in early 2022.

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