BCGAME - Free 5BTC Daily Bonus!The giant Ripple Labs has recently named its exchange partners ahead of the highly anticipated launch of its own stablecoin, Ripple USD (RLUSD). Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA and Bullish have been named by Ripple as its initial exchange and platform partners, according to a report. by the The Block.
According to the publication, market makers B2C2 and Keyrock are also ready to support the liquidity of the RLUSD stablecoin after its official launch. In a statement, Ripple CEO Brad Garlinghouse emphasized that the company’s new stablecoin is close to becoming “the gold standard for enterprise-grade stablecoins.”
“With our initial exchange partners, clear utility and demand for RLUSD, and a strong focus on regulatory compliance, Ripple’s stablecoin is poised to become the gold standard for enterprise-grade stablecoins,” said Garlinghouse.
Also on the occasion, the Ripple executive added that: “Our payment solutions will leverage RLUSD, and other digital assets to enable faster, more reliable and economical international payments”.
It is worth remembering that, in August, Ripple, a San Francisco-based Blockchain payments company, opened a new webpage dedicated to its upcoming stablecoin, Ripple USD (RLUSD), which will be pegged to the value of the US dollar. This new addition will be integrated into both the XRP Ledger and the Ethereum (ETH) blockchain.
Ripple USD (RLUSD) offers robust solutions for a variety of financial operators. For remittance and money transfer providers, RLUSD ensures instant and seamless cross-border settlement with flexible on/off options for stablecoins, fiat currencies, and cryptocurrencies. For centralized exchanges, it represents an opportunity to expand trading volume by partnering with a stablecoin that stands out for its reliability and transparency.
