To dive deeper, check out the complete article from original source:
https://droomdroom.com/ripple-labs-rlusd-stablecoin-explained/
🚀 What is RLUSD? Ripple Labs' RLUSD is a stablecoin pegged 1:1 to the US dollar, launched in December 2024. It operates on the XRP Ledger and Ethereum blockchain, ensuring fast, low-cost transactions.
💰 Why Does RLUSD Stand Out?
Unchanging Value – Always maintains a 1:1 peg with USD.
Regulatory Approval – Approved by NYDFS, boosting trust & adoption.
Enterprise Payments – Enables fast, low-fee cross-border transactions.
Extensive Access – Supported on multiple exchanges & platforms.
Low Fees – Transaction costs are lower than a cent.
Speed & Reliability – Transactions settle in 3 seconds on the XRP Ledger.
🌍
RLUSD is Ripple’s stablecoin, while XRP powers liquidity & transactions.
XRP facilitates seamless movement between digital assets & fiat currencies.
RLUSD in 2025 & Beyond
Ripple has partnered with 200+ banks (e.g., SBI, Standard Chartered).
The crypto market’s rising demand for stablecoins positions RLUSD as a major player.
Its regulatory compliance gives it an edge over competitors.
🛒 How to Buy RLUSD? Available on MoonPay, supporting payments via bank transfer, PayPal, credit/debit cards & more.
🔥 RLUSD is reshaping stablecoins with speed, security & affordability! 🚀
