RLUSD

XRP (CRYPTO: XRP) plunged to a 10-week low Sunday as the cryptocurrency market broke into a sweat over rising tensions in the Middle East. What happened: The payment-focused coin plunged to an intraday low of $1.91, a level last seen on April 9. Trading volume bumped 64% to $5 billion, indicating...

XRP (CRYPTO: XRP) became the best-performing large-cap cryptocurrency Monday following the launch of Ripple Labs' USD-backed stablecoin RLUSD. What happened: The payments-focused cryptocurrency rose 3.51% in the last 24 hours, outpacing the returns of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH...

Ripple Labs CTO David Schwartz has issued a warning to investors about potential price volatility as Ripple's RLUSD stablecoin goes live. What Happened: "As RLUSD goes live, there may be supply shortages in the very early days before the market stabilizes," Schwartz said on Sunday on X. He pointed...

Ripple Labs has received regulatory approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin, marking a significant step forward in its cryptocurrency market expansion. The new stablecoin, pegged to the US dollar, forms part of Ripple’s strategy to...

Payment-focused cryptocurrency XRP (CRYPTO: XRP) flipped Solana (CRYPTO: SOL) to become the fourth-largest cryptocurrency after a searing rally on Sunday. What happened: The coin surged over 26% in the last 24 hours, reclaiming the $2 level after a gap of nearly seven years.   The coin...