<ul data-eligibleForWebStory="false"><li>Transak has added support for Ripple USD (RLUSD), an enterprise-grade stablecoin, allowing users worldwide to easily purchase RLUSD using various fiat currencies and payment options.</li><li>RLUSD is fully backed and tied to the US dollar, providing transparency and confidence to the blockchain for institutional-grade assets. The New York Department of Financial Services oversees the issuance of RLUSD, ensuring it is backed 1:1 by USD and cash equivalents.</li><li>Transak's CEO, Sami Start, highlighted the importance of the RLUSD integration, stating that this partnership allows users to access one of the most thoughtfully designed stablecoins in the market, providing a seamless fiat-to-crypto experience.</li><li>With over 8.3 million users worldwide and regulatory licenses in key areas, Transak is a leading Web3 payments infrastructure provider, offering a secure platform for users to purchase RLUSD with confidence through multi-level KYC procedures and industry-leading data security standards.</li></ul>

Transak Adds Support for Ripple’s RLUSD Stablecoin for Global Fiat On-Ramping

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