Ripple's RLUSD stablecoin has made its debut in the Singapore market, with its official listing on Independent Reserve exchange. This means users can trade RLUSD against the Singapore Dollar (SGD) and the US Dollar (USD) via the exchange's order book and OTC desk.
This development marks a significant moment for Singapore, aligning with its ambition to become a major player in the crypto space. With this listing, Ripple is set to gain further traction in Asia, providing more options for traders and investors in the region.