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The post Does RLUSD Eat XRP – Here’s What Onchain Data Say? appeared first on Coinpedia Fintech News Ever since Ripple launched its dollar-backed stablecoin RLUSD, many XRP holders have wondered whether it would reduce XRP’s role in the ecosystem. However, the latest on-chain report from one of the
The post RLUSD Brings the Dollars, XRP Moves Them ; Analyst Explains Why There Is No Competition appeared first on Coinpedia Fintech News The debate over whether Ripple’s stablecoin RLUSD is slowly cannibalising XRP’s utility has circulated through the crypto community for months. Versan Aljarrah, f
Japan's financial regulator cleared the U.S. dollar-backed token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and retail. RLUSD remains small, at about $1.7 billion.
Ripple's RLUSD stablecoin is available through SBI VC Trade for both institutional and retail users in the country.
Ripple’s RLUSD became Japan’s first Type 4 instrument, but the only version that holders in the country can use runs on Ethereum. The post Ripple used Ethereum to list its RLUSD stablecoin in Japan appeared first on Protos.
