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 Labs is growing hype around its stablecoin RLUSD, but it also has its focus on real-world asset tokenization.

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's upcoming stablecoin will leverage its established position for payments and be a key bridge for real-world asset tokenization, Ripple Labs President Monica Long told CoinDesk in an interview.

Ripple partners with top exchanges and market makers to launch RLUSD, a dollar-pegged stablecoin backed by U.S. Treasuries.

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

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

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),

XRP could gain 10% and rally toward $0.60, the psychologically important price level for the altcoin. Ripple (XRP) holds steady above key support at $0.54 on Tuesday as payment remittance firm Ripple makes announcements regarding exchange partners for its stablecoin RLUSD that is in the final stages of its launch.