Crypto firm Ripple launched a stablecoin pegged to the U.S. dollar on Tuesday, looking to disrupt a market in which the top two incumbents account for nearly 90% of the value.

Ripple, a leading provider of digital asset infrastructure for financial institutions that leverages XRP, is ready to launch its own stablecoin — pending regulatory approval. RLUSD, which has been in development since April,

Ripple partners with major global exchanges, including Bitstamp and MoonPay, to distribute RLUSD, backed by compliance and industry experts.

Cryptocurrency startup Ripple introduced a stablecoin tied to the US dollar on Tuesday. TakeAway Points: Crypto firm Ripple launched a stablecoin pegged to the U.S. dollar. The stablecoin, RLUSD, will be available globally on a slew of platforms,

Ripple launches RLUSD stablecoin to challenge Tether and USDC dominance with global access, robust governance, and compliance.

Ripple has announced the list of distribution partners for RLUSD. RLUSD has been in development since April 2024. Ripple also announced the creation of a

Cryptocurrency firm %Ripple (CRYPTO: $XRP ) has officially launched its new stablecoin that’s pegged to the U.S. dollar. With the stablecoin, Ripple aims to take on %Tether (CRYPTO: $TETHER ) and USD Coin (USDC),

Ripple Labs, a San Francisco-based payments company, has announced its initial exchange partners for the upcoming launch of its USD-pegged stablecoin, RLUSD. The announcement was made today during the opening session of Ripple’s annual conference,