Ripple RLUSD Stablecoin Launches on Independent Reserve Exchange in Singapore – BitRss

Ripple’s RLUSD stablecoin has been listed on the Independent Reserve exchange based in Singapore. This marks the first time a stablecoin has appeared on a regulated exchange in Singapore, generating significant interest in the cryptocurrency market. Following this development, the price of XRP increased by 3%, reaching $2.24.

Ripple RLUSD Supports Dual Networks of XRP Ledger and Ethereum

Independent Reserve announced that Ripple $2 RLUSD can be traded on both the order book and OTC desk. Ripple RLUSD is available with dual issuance on the XRP Ledger and Ethereum $