The Ripple RLUSD Launch Triggers XRP Sell-Off Risk - BeInCrypto

Dec 17, 2024 · XRP inflows to exchanges hit $28 million, signaling potential selloffs ahead of Ripple's RLUSD stablecoin global launch. MACD signals bearish momentum, with the MACD …

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The Ripple RLUSD Launch Triggers XRP Sell-Off Risk - BeInCrypto

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Dec 17, 2024 · XRP inflows to exchanges hit $28 million, signaling potential selloffs ahead of Ripple's RLUSD stablecoin global launch. MACD signals bearish momentum, with the MACD …

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Breaking: Ripple CEO Announces RLUSD Stablecoin For XRP

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Jun 12, 2024 · Ripple CEO Brad Garlinghouse introduces RLUSD at the XRPL Summit to stabilize crypto transactions and enhance global payments. BTC. $94813 1.34%. ETH. $3299 …

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What Is RLUSD? Full Guide To Ripple's Stablecoin

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12 hours ago · The blockchain-based company Ripple Labs announced a donation of $100,000 worth of XRP (CRYPTO: XRP) tokens on Tuesday to support the wildfire relief efforts in …

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Ripple Eyes Major Exchange Listings For RLUSD: Are Coinbase And …

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3 days ago · Ripple (XRP) Price Analysis: XRP traders deposit $85M on Binance as market sell-off cools XRP price reclaimed the $2.40 mark on January 11, after a turbulent start to the …

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XRP Price Retreats From 8-Month High Following 40% Rally

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Nov 13, 2024 · This technical indicator further confirms that XRP could be at risk of a pullback on the daily chart, likely affecting short-term investor sentiment. XRP RSI. Source: TradingView …

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XRP Pulls Back 4% Even As Ripple Releases Details Of Stablecoin …

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Sep 18, 2024 · XRP corrects on Wednesday, down nearly 4% to $0.5644. Ripple releases details of its stablecoin, RLUSD, says the asset is geared toward regulatory compliance.

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FAQs about The Ripple RLUSD Launch Triggers XRP Sell-Off Risk - BeInCrypto Coupon?

When does ripple launch rlusd stablecoin XRP?

Ripple has announced the official launch of its RLUSD stablecoin, scheduled for Tuesday, December 17. This move marks a significant step for the blockchain company as it continues to expand its offerings in the digital asset space. XRP has jumped nearly 8% in the past hour following this announcement. ...

Will ripple use rlusd to boost XRP?

Long's statements suggest that Ripple's strategy involves using RLUSD to boost the use of XRP rather than replace it, a move that could potentially attract more users to XRP Ledger. In April, Rippleannounced the introduction of a U.S. dollar stablecoin, marking its entry into the $150 billion stablecoin market. ...

What happened to XRP & rlusd?

XRP corrects on Wednesday, down nearly 4% to $0.5644. Ripple releases details of its stablecoin, RLUSD, says the asset is geared toward regulatory compliance. Ripple mentions Clarity of Payments Stablecoin Act, which if passed could support innovation in the asset class. ...

Should rlusd be used for XRP?

For the DEX to be more valuable to developers, high-quality stablecoins are necessary. As a result, Long revealed that Ripple has been focusing more on DeFi, with USD stablecoins being a key component of that ecosystem. The latest commentary about the complementary role of RLUSD for XRP has attracted significant attention from the XRP community. ...

Why did ripple invest in rlusd?

Ripple discussed the demand for its stablecoin RLUSD, regulatory compliance, and the regulation that could support innovation in stablecoins and blockchain technology in the US. Stablecoins combine the speed, security, and efficiency of blockchain with the trust of USD. ...

Why is ripple focusing more on xrpl?

She noted that Ripple sees significant upside potential for the decentralized exchange (DEX) within the XRPL. For the DEX to be more valuable to developers, high-quality stablecoins are necessary. As a result, Long revealed that Ripple has been focusing more on DeFi, with USD stablecoins being a key component of that ecosystem. ...