Ripple’s RLUSD stablecoin has made its official debut on Singapore’s first licensed crypto exchange, Independent Reserve. As of December 22, 2024, the stablecoin is available for trading against the Singapore dollar (SGD) and the US dollar (USD).
This strategic move underscores Singapore’s growing influence as a prominent center for cryptocurrency innovation and regulation. The listing of RLUSD on Independent Reserve marks a significant step for Ripple and highlights the region’s embracing regulatory environment for digital assets.
By incorporating RLUSD, Singapore reinforces its status as a pivotal player in the evolving global crypto landscape.
