Electric Car Maker Taps RLUSD For Payments As XRP Strategy Unfolds
VivoPower International’s electric-vehicle arm, Tembo, will start accepting Ripple USD (RLUSD) for payments, a move that could change how the company handles cross-border deals, a press release confirmed. Related Reading: Bitcoin Stash Grows: Metaplanet Now Holds 20,136 BTC After $15M Buy According to the company, the stablecoin will be used to speed up payments and […]
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Ripple, the issuer of the fast-growing RLUSD stablecoin, has recently announced an ambitious multichain strategy aimed at enhancing its presence in the crypto space. This initiative will see RLUSD integrated into Layer-2 (L2) solutions on the Ethereum (ETH) blockchain, facilitated by a partnership with Wormhole, one of the largest protocols for cross-chain interoperability. Ripple Targets […]
Ripple’s RLUSD stablecoin is a potential game-changer in the rapidly expanding stablecoin market, which is projected to reach trillions of dollars. With SBI Holdings planning to bring RLUSD to Japan, the stablecoin could be integrated alongside XRP, positioning Ripple for a stronger role in global payments. RLUSD To Propel Ripple Into Global Spotlight A recent […]
Ripple’s Chief Technology Officer (CTO), David Schwartz, has clarified for XRP and RLUSD holders the workings of Automated Market Maker (AMM) liquidity pools. Schwartz has explained how these pools balance assets, generate value, and offer new opportunities for holders to engage with the cryptocurrency while benefiting from shifts in market activity. AMM Liquidity Pools Explained […]
Ripple CEO Brad Garlinghouse moved to puncture speculation that the company’s new US dollar stablecoin, RLUSD, has displaced XRP at the core of the company’s strategy, telling Crypto in America reporter Eleanor Terrett that XRP remains foundational even as it routes transactions over multiple assets depending on corridor economics and customer needs. Ripple CEO Sets […]
Toronto-based Daymak Inc has announced details of a prototype electric vehicle named Spiritus. It will use the “patent-pending Nebula platform,” described as the world’s first comprehensive crypto suite for electric cars. “Nebula is the world’s first comprehensive cryptocurrency suite for electric vehicles, and will allow every Spiritus car to mine and manage crypto anywhere on […]