Crypto users, specifically $XRP holders, are frustrated over reports that some investors – potentially newbies in crypto – are selling their $XRP tokens to acquire $RLUSD, a stablecoin that will retain its $1 value even if Bitcoin and other altcoins surge.

The dollar-pegged Ripple USD (RLUSD) will begin trading Tuesday across Ethereum and XRP Ledger, Ripple said Monday.

Ripple is launching its new stablecoin, Ripple USD (RLUSD), on. This stablecoin will be linked to the US dollar and designed for financial transactions like

Blockchain company Ripple is releasing its own long-awaited stablecoin tomorrow after receiving approval from the New York Department of Financial Services (NYDFS) last week. The coin, named RLUSD, is an effort to advance Ripple’s goal of becoming the go-to network for international payments.

The RLUSD token is designed to maintain parity with the U.S. dollar and will be available on global exchanges Tuesday.

It is now confirmed! The Ripple USD (RLUSD) stablecoin has been officially launched by the titular San Francisco-based crypto company. At present, the stablecoin is intended to run on two networks concurrently: Ethereum and,

Ripple received approval to issue RLUSD from the New York State Department of Financial Services earlier this month.

Ripple has launched its enterprise-grade, USD-denominated stablecoin Ripple USD (RLUSD), backed by US dollar deposits, US government bonds, and cash equivalents. Starting 17 December 2024, RLUSD is initially available on crypto exchanges including Uphold,