Ripple USD (RLUSD) Launches on Global Exchanges, XRP Price Drop Ahead?

Quick Summary:

The cryptocurrency industry sees the launch as a major development for Ripple’s native token, XRP, which was strongly influenced after yesterday’s announcement.

During the same period, its trading volume jumped by 165%, indicating heightened participation from investors and traders.

The report also states that Ripple USD allows businesses to send funds worldwide, backed by stability, trust, and compliance.

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Article Details

Author / Journalist: Chandan Gupta

Category: Crypto

Markets: United States

Topics: News Ripple (XRP) Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 14:07:12 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 305 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24509221

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 33 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #112

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