Stablecoins

Ripple launches RLUSD

Ripple Launches RLUSD Stablecoin on both Ethereum and XRP’s Ledger

Ripple has officially launched Ripple USD (RLUSD), its U.S. dollar-backed stablecoin, across major crypto exchanges. The launch comes after regulatory approval from the New York State Department of Financial Services (NYDFS), solidifying Ripple’s presence in the growing stablecoin sector. RLUSD Goes Live on Ethereum and XRP Ledger The RLUSD stablecoin is natively available on both …

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paxos usdg

Kraken, Galaxy Digital, and Robinhood back stablecoin developed by Paxos

Paxos has introduced USDG, a new dollar-pegged stablecoin, with backing from major crypto players like Kraken, Galaxy Digital, and Robinhood. These companies formed the Global Dollar Network, a consortium focused on expanding regulated stablecoins worldwide. Issued in Singapore, USDG aims to offer a balanced model, challenging Tether and Circle in the market. Key Points: USDG …

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TRON gas free

TRON developing gas-free stablecoin transactions.

TRON founder Justin Sun announced that his team is developing a stablecoin solution aimed at increasing institutional adoption of such assets. On July 6, Sun revealed that a gas-free stablecoin solution will be launched on the TRON network in the fourth quarter of this year. In conclusion, market experts predict that demand for stablecoins will …

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