Ripple has made public the initial partners for its forthcoming stablecoin, RLUSD. This move is a strategic part of Ripple's plan to enhance its presence in the crypto finance sector.
The firm has signed partnership agreements with several prominent platforms and exchanges, showcasing its intention to establish a strong alliance network for RLUSD-related transactions.
Among the notable partners are Uphold, a well-known digital wallet, and Bitstamp, a major cryptocurrency exchange. These alliances are critical to the adoption and liquidity of the RLUSD stablecoin.
Other partners include Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish, each of which plays a significant role in different regional markets and sectors, further expanding Ripple's outreach and potential user base.
