RLUSD

RLUSD is a stablecoin issued by Ripple, designed to maintain a 1:1 peg with the US dollar. It is used for lending and payments within Ripple's ecosystem and on other blockchains like Ethereum.

Why it’s in the news: RLUSD is in the news due to its expansion into Japan, a new lending pool on Ethereum, and its integration with Ripple's AI payment initiatives.

Latest on RLUSD

• Ripple backs an RLUSD credit fund amid XRP's best week in months
• XRP holders can now borrow RLUSD on Ethereum through $280 million lending pool
• Ripple’s RLUSD gets two boosts as transfer volume drops 25%
• Ripple's RLUSD stablecoin goes live in Japan after regulatory approval
• Ripple wants AI agents to pay in XRP and RLUSD. The market is still mostly USDC

Connections

4 entities linked to RLUSD across the news graph.