Ripple USD (RLUSD)

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Ripple and Securitize Launch 24/7 Off-Ramp for BlackRock Tokenized Fund
Yahoo Finance· 2025-09-23 18:09
Ripple, XRP. Photo by BeInCrypto Ripple and Securitize announced a smart contract. It lets holders of BlackRock’s BUIDL and VanEck’s VBILL tokenized Treasury funds redeem shares for Ripple USD (RLUSD). The feature creates a regulated off-ramp that works 24/7. It gives institutional investors instant settlement and programmable liquidity. Ripple and Securitize enable institutional off-ramp BlackRock launched the USD Institutional Digital Liquidity Fund (BUIDL) in March 2024. It surpassed $1 billion in ass ...
Is Google Developing an XRP Killer?
Yahoo Finance· 2025-09-20 15:21
Key Points Google aims to disrupt SWIFT transfers with its own blockchain platform. It's a more centralized and tightly regulated platform than Ripple’s XRP Ledger. Both of these blockchains could thrive without directly competing against each other. 10 stocks we like better than Alphabet › Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google recently unveiled its Google Cloud Universal Ledger (GCUL), which has a lot in common with Ripple Labs' XRP (CRYPTO: XRP) Ledger (XRPL). Both blockchains provide ...
Ripple Pledges $25M in Stablecoin to Support US Businesses and Veterans
Yahoo Finance· 2025-09-15 20:13
``Key Takeaways: `` Ripple donated $25 million worth of RLUSD to support small-business lending and veteran employment programs in the U.S. Accion Opportunity Fund and Hire Heroes USA will deploy the funds toward capital access, training, and career transition support. The donation follows Ripple’s earlier $25 million RLUSD pledge to education-focused nonprofits, forming part of a broader engagement strategy. `` `````` Ripple has committed $25 million worth of Ripple USD (RLUSD) stablecoin to nonpro ...
Ripple Expands Partnership with Spanish Banking Giant BBVA to Power Crypto Custody
Yahoo Finance· 2025-09-09 12:46
Group 1 - Ripple has entered into an agreement with BBVA to provide institutional-grade digital asset custody technology to support the bank's crypto operations [1][2] - BBVA will utilize Ripple Custody to manage Bitcoin (BTC) and Ether (ETH) holdings for retail customers in Spain, following the bank's earlier launch of a digital asset trading and custody service [2][8] - The partnership builds on previous collaborations between Ripple and BBVA in Switzerland and Turkey, focusing on real-time cross-border payments [3][8] Group 2 - The establishment of the EU's Markets in Crypto-Assets regulation (MiCA) has encouraged banks in Europe, including BBVA, to expand their digital asset offerings [4][6] - Other banks in Europe, such as Deutsche Bank and Standard Chartered, are also advancing their crypto custody services, indicating a broader trend in the region [5] - Ripple's expanded role with BBVA highlights the integration of crypto services by regulated financial institutions, emphasizing the need for compliance and scalability in a post-MiCA environment [6]
Trident Digital Tech Holdings (TDTH) Seeks Stablecoin Licenses Across Multiple African Markets to Drive Ripple USD (RLUSD) Adoption
Globenewswire· 2025-08-08 12:17
Core Viewpoint - Trident Digital Tech Holdings Ltd is pursuing regulatory approvals for stablecoin operations in Africa to enhance financial inclusion and digital payments infrastructure through the adoption of Ripple USD (RLUSD) [1][3] Strategic Background - The company aims to raise up to US$500 million to establish one of the largest corporate XRP treasuries, leveraging staking mechanisms and integrating with the Ripple ecosystem [2] African Expansion for RLUSD - TDTH is extending its ambitions to secure stablecoin licenses for RLUSD in multiple African markets, which will improve cross-border payments and address local currency liquidity challenges [3] Why RLUSD in Africa Makes Sense - RLUSD has gained traction, reaching over US$500 million in circulating supply shortly after issuance [4] - There are ongoing innovations in stablecoin payments across Africa, including initiatives by Circle's USDC and Visa's pilot programs [4] Leadership Quote - The CEO emphasizes that pursuing stablecoin licenses and RLUSD adoption aligns with the mission to enable Web 3.0 transformations in emerging markets, reflecting the belief that blockchain-native assets can reshape financial infrastructure [5] Next Steps - TDTH is in discussions with regulatory authorities and local partners to understand licensing pathways, aiming for phased rollouts in pilot countries by mid-2026 [5] Company Overview - Trident Digital Tech Holdings is dedicated to digital transformation, particularly through its blockchain identity platform Tridentity, and has established itself as a trusted Web 3.0 infrastructure partner in emerging markets [6] About Trident - The company focuses on technology optimization and Web 3.0 activation, with a mission to connect organizations to secure digital infrastructure, particularly in Southern Africa and high-growth markets [7]
Bitget 推出 Ripple USD (RLUSD),扩大现货市场稳定币的产品范围
Globenewswire· 2025-05-30 05:17
Core Insights - Bitget has launched Ripple USD (RLUSD), a USD-pegged stablecoin issued by Ripple, on its spot trading platform, responding to the growing demand for secure and compliant digital assets, particularly among institutional participants [2][3] - RLUSD is backed by independent reserves of fiat currency and cash equivalents, ensuring its 1:1 peg to the US dollar, and is natively issued on both the XRP Ledger (XRPL) and Ethereum, leveraging the unique advantages of each blockchain [2][3] - The introduction of RLUSD aligns with Bitget's strategy to support robust and practical assets in the expanding spot market, catering to projects that drive blockchain adoption through real-world applications [2][3] Company Strategy - Bitget's CEO, Gracy Chen, emphasized the importance of transparency and compliance for institutions in the evolving digital asset landscape, highlighting RLUSD's unique regulatory framework as a key advantage [3] - The launch of RLUSD is part of Bitget's 2025 strategy to expand its product offerings suitable for institutions and to build a stronger, more reliable ecosystem [3] - Bitget aims to enhance its product range by connecting users to diverse ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON, with RLUSD marking a strategic move to introduce regulated stablecoins [4] Market Context - The introduction of RLUSD responds to the increasing prominence of stablecoins as essential tools in decentralized finance (DeFi), gaming, and tokenized asset ecosystems [3][4] - Bitget has supported over 900 cryptocurrency trading pairs and continues to expand its offerings to meet the growing demands of the cryptocurrency market [4] - Ripple, as a leading provider of digital asset infrastructure for financial institutions, aims to enhance efficiency and reduce friction in global finance, leveraging its XRP Ledger and native digital asset XRP [7]