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Tag: RLUSD stablecoin

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RLUSD stablecoin will increase demand for XRP — Axelar co-founder

According to data from CoinMarketCap, XRP has a maximum supply of 100 billion tokens, with about 57 billion XRP circulating. Georgios Vlachos, co-founder of the Axelar open-source interoperability platform — which is the canonical bridge connecting XRP Ledger to the XRPL EVM chain and 69 other blockchains — told that the upcoming RLUSD stablecoin will…
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New York regulator set to approve Ripple’s RLUSD stablecoin: Report

According to data from CoinGecko, the total stablecoin market capitalization is over $196 billion as of Nov. 29. The New York Department of Financial Services (NYDFS) is expected to approve Ripple Labs’ RLUSD stablecoin — an overcollateralized dollar-pegged stablecoin — in the coming days, sources revealed to Fox Business. According to a Nov. 29 Fox Business…
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