Ripple Limited United States Dollar (RLUSD) stablecoin has been officially launched on the Independent Reserve exchange in Singapore. This marks a significant development for Ripple as it expands its stablecoin offerings. Interestingly, following this launch, XRP, Ripple's native cryptocurrency, saw its price increase to $2.24. This shows the positive market reaction and investor confidence in the newly listed stablecoin.
Source: en.coin-turk.com ↗