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Showing posts with the label rlusd

DBS, SBI, Templeton Boost RLUSD on XRP Ledger

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A RLUSD stablecoin partnership between DBS Digital Exchange, Franklin Templeton, and Ripple has actually created the first-ever tokenised money market fund repo trading system on XRP Ledger, right now delivering institutional crypto yield solutions for accredited investors who are seeking stable returns. Official Ripple press release announcement showing DBS and Franklin Templeton partnership launch – Source: Ripple RLUSD Stablecoin Partnership Powers Institutional Crypto Yield With XRP Ledger & DBS The DBS Digital Exchange is now listing Franklin Templeton’s sgBENJI token alongside RLUSD, and this enables 24/7 trading between stablecoins along with yield-bearing tokenised money market funds. This RLUSD stablecoin partnership actually addresses what institutional investors need for portfolio flexibility during those volatile periods. The market capitalization of Ripple's $RLUSD has risen to $729M, coming close to a $1 billion milestone. Investors can use RLUSD to trade Fra...

XRP ETF Launch Triggers $1.7T Race as RLUSD Flips TrueUSD

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XRP’s ETF applications are actually racing toward October 2025 deadlines right now as multiple firms compete for SEC approval. The XRP ETF launch momentum has coincided with Ripple’s RLUSD stablecoin surpassing TrueUSD in market capitalization, and also stablecoin regulation along with crypto market structure reforms are advancing through Congress at the same time. FINAL DEADLINES: U.S. SPOT $XRP ETFS! – **Grayscale XRP ETF**: Final SEC deadline – October 18, 2025 – **21Shares XRP ETF**: Final SEC deadline – October 19, 2025 – **Bitwise XRP ETF**: Final SEC deadline – October 20, 2025 – **Canary Capital XRP ETF**: Final SEC deadline… https://t.co/W6zMhnpXZP pic.twitter.com/qvCJgHSnuA — Good Morning Crypto (@AbsGMCrypto) July 15, 2025 Also Read: Ripple Signs Crypto Custody Deal With Ctrl Alt in Dubai Stablecoin Rules, RLUSD Growth, and XRP ETF Shift Market Power Source: Blockhead.co XRP ETF Deadlines Create October Rush The SEC is f...

Ripple dumps XRP to pump RLUSD — still 0.2% the size of USDT

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Ripple thinks its newly acquired prime brokerage, Hidden Road, will boost confidence in its tiny stablecoin, RLUSD. The $1.2 billion cash, equity, and XRP token deal is quadruple the value of RLUSD’s market capitalization. Unlike the $1-pegged RLUSD, the value of XRP is supposed to rally in response to positive developments. Unfortunately, XRP has declined in value today since CEO Brad Garlinghouse’s morning announcement of the company’s most expensive acquisition ever . Price of XRP since Brad Garlinghouse’s 8:06am NYC time zone tweet. Read more: PayPal and Ripple stablecoins still sub-1% despite ‘stablecoin gold rush’ According to Garlinghouse, Hidden Road will use Ripple’s RLUSD as collateral while prime brokering, “including cross-asset (crypto and traditional instrument) trades.”  Why Hidden Road couldn’t simply use another stablecoin to serve the same purpose wasn’t clear from the press release. ‘Efficient cross-margining’ despite man...