Ripple’s RLUSD Hits A ‘Huge Milestone’ As XRP Ledger Overtakes Ethereum
The total supply of Ripple’s regulated stablecoin, Ripple USD (RLUSD), has reached $120 million. Community analyst Maartunn from CryptoQuant revealed the figures in a new analysis, calling it a “huge milestone.” Ripple’s RLUSD Gains Traction On The XRP Ledger “RLUSD Total Supply reached $120m. RLUSD, Ripple’s regulated stablecoin, keeps growing and has now hit a […]
Related News
In an interview on BFM Business, Ripple’s Managing Director for the UK & Europe, Cassie Craddock, lifted the veil on how the blockchain company intends to weave the XRP Ledger into the fabric of prime brokerage. Speaking about Ripple’s $1.25 billion acquisition of London‑headquartered Hidden Road, Craddock confirmed that the forthcoming Ripple USD‑backed stablecoin, RLUSD, […]
In a conversation with CNBC’s Arjun Kharpal, Ripple President Monica Long sketched out the company’s post-litigation agenda, detailing how a prospective US initial public offering (IPO), the US-dollar stablecoin RLUSD, and an aggressive push into real-world-asset tokenization are reshaping Ripple’s roadmap. Ripple IPO: On the Table, But Not Urgent Long, who joined Ripple 12 years […]
“Merging Ropsten is a huge testing milestone towards Ethereum's mainnet merge later this year,” said Preston Van Loon, an Ethereum core developer at Prysmatic Labs. The Ethereum ecosystem is set for a “huge testing milestone” with the Ropsten testnet Merge set to be conducted on June 8. According to the Merge testnets page on Github, Ethereum DevOps engineer Parathi Jayanathi submitted a pull request for the Ropsten testnet Merge configuration code on Monday, suggesting the implementation is ready to go. Ropsten is one of several testnets created by the Ethereum Foundation in 2017 and....
Ripple Labs is on the verge of receiving approval from New York’s top crypto regulator for its new stablecoin, RLUSD. According to a Fox Business report, the New York Department of Financial Services (NYDFS) is expected to greenlight the stablecoin, with a potential launch date set for December 4. Ripple Set To Launch RLUSD Stablecoin […]
On January 23, Ethereum overtook Litecoin for the first time to become the third-largest digital currency when looking at total coin market cap. This is after a two-week period where the Ethereum market cap has grown by more than 80 percent. The price of Ethereum is on an equally steep upward trend, growing more than 300 percent since the beginning of January; 24-hour volume has grown from around $300,000 to upwards of $10 million. This is in comparison to the average daily Litecoin trading volume of $1 million and is up to a quarter of the daily trading volume of Bitcoin, which is $39.5....