RLUSD is backed 1:1 by the U.S. dollar, meaning the company has promised to hold an equivalent sum of dollars in a reserve to collateralize each stablecoin that it issues. McDonald says that RLUSD ...

As such, RLUSD might not have enough liquidity to maintain its peg effectively in the first few hours after it goes live, meaning there may be some price discrepancies from the intended $1 peg.

According to Ripple Labs, the upcoming stablecoin will be overcollateralized, meaning that each unit of RLUSD is backed by USD reserves or short-term cash equivalents in a bank, at a ratio of 1:1 ...

Ripple president Monica Long expects its Ripple USD (RLUSD) stablecoin to be listed on major crypto exchanges “imminently.” In a Jan. 7 interview with Bloomberg, Long confirmed that Ripple is ...

Schwartz said that the price of RLUSD will stabilize near $1 as supply and demand equilibrate. Ripple has received NYDFS regulatory approval, ensuring compliance for operating in New York.

Payments firm Ripple has pledged $25 million to support educational initiatives in the U.S., with most of the disbursement in its RLUSD stablecoin. The funds will be distributed throughout 2025.

Ripple integrates Chainlink's data provider services for RLUSD stablecoin, aiming to enhance integration with Ethereum-based DeFi. Integration expected to accelerate RLUSD adoption in DeFi and ...

Ripple has partnered with Chainlink to enhance the adoption and functionality of its Ripple USD (RLUSD) stablecoin within decentralized finance (DeFi). This partnership integrates Chainlink’s ...

Ripple sees RLUSD as a complementary asset to XRP in its cross-border payments solution. Ripple President Monica Long explained that RLUSD was designed to work alongside XRP, enhancing liquidity ...