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XRP

512, 2024

Ripple Labs Not Yet Launching Ripple USD (RLUSD)

|5 Dec 2024|News|

Ripple Labs is preparing to launch its U.S. dollar-pegged stablecoin, Ripple USD (RLUSD) following anticipated approval from the New York Department of Financial Services (NYDFS). RLUSD is designed as a 1:1 USD-backed stablecoin, fully collateralized by U.S. dollar deposits, short-term U.S. Treasury bills, and other cash equivalents.

412, 2024

XRP MarketCap Explodes

|4 Dec 2024|News|

XRP, the native token of Ripple's blockchain, has surged past Tether (USDT) to become the third-largest cryptocurrency by market capitalization. This ascent is attributed to a 238% price increase since early November, propelling XRP's market cap to approximately $137.83 billion.

312, 2024

XRP Continues Its Remarkable Comeback

|3 Dec 2024|News|

Over the past week, XRP, the digital asset associated with Ripple Labs, has experienced a remarkable surge, catapulting its market capitalization beyond the $100 billion mark—a level not seen since 2018. This resurgence is largely attributed to growing anticipation surrounding the imminent approval of Ripple's stablecoin, RLUSD, by the New York Department of Financial Services (NYDFS).

112, 2024

XRP to the Moon?

|1 Dec 2024|News|

XRP, the native cryptocurrency of the Ripple network, has experienced a significant surge, reaching levels not seen since April 2021. This upward trajectory is attributed to a confluence of favorable legal developments and shifting regulatory landscapes. That and the Trump Factor, of course.

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