Ripple chief technology officer David Schwartz says investors should not hope for gains on stablecoins as his firm prepares to launch its new dollar-pegged crypto asset.

RLUSD went officially live today on global exchanges, which combines the stability of fiat with the efficiency of blockchain technology. Ripple has described RLUSD as an ‘enterprise-grade stablecoin built on trust, utility, and compliance.' Backed by US dollar deposits, US government bonds, and other cash equivalents, RLUSD will undergo third-party audits to ensure transparency.

Recent price action in the overall crypto market has seen the XRP price reversing into bullish momentum in the past 24 hours. Notably, buying trends and mentions on social media show that the bullish sentiment has never departed from XRP, even during its price rejection at the $2.9 level earlier this month.

Ripple has launched its stablecoin, RLUSD, which operates on both the Ethereum network and XRP Ledger.

Ripple's stablecoin RLUSD is live on major crypto exchanges, the U.S.-based crypto company has announced. The launch of the Ripple USD (RLUSD) stablecoin follows the official announcement of its highly anticipated unveiling on December 16.

XRP is buzzing at $2.62, boasting a market cap of $147 billion, a trading volume of $18.35 billion, and an intraday price range from $2.37 to $2.71. XRP The 1-hour chart shows a thrilling spike to $2.72, followed by a dip with lots of trading action. Support is clinging around $2.55 to $2.

XRP's inability to break through the important $2.73 resistance level has resulted in significant profit-taking, with on-chain data revealing where these investors are reallocating their cash. In a surprising twist, many people are turning to Rexas Finance, a rapidly developing cryptocurrency startup that is reinventing asset tokenization.

It is now confirmed! The Ripple USD (RLUSD) stablecoin has been officially launched by the titular San Francisco-based crypto company.

The price of the main cryptocurrency, Bitcoin (BTC), set a new all-time high during today's trading session. Thus, having soared by more than 2% from the opening price, a new all-time high for BTC was set at $108,353, according to Binance.

Bitcoin just broke its own price record for the third straight day, while XRP jumped Tuesday alongside Ripple's stablecoin launch.

As the total crypto market cap nears the $4 trillion mark for the first time since Satoshi Nakamoto's era, Ripple Labs' XRP has been in the limelight for an impressive performance. The utility-based altcoin led the top 20 crypto projects with more than 10 percent gain to trade at about $2.

The XRP price has surged significantly today, and the crypto has again flipped Tether's USDT to become the third largest by market cap. This price surge is thanks to fundamentals such as Ripple's RLUSD launch, which provides a bullish outlook for XRP.

XRP is getting closer to breaking through its descending resistance line, which could signal a recovery. The asset has been battling within a declining trend for the past few weeks, but if momentum keeps building, its recent price movement suggests a potential recovery.

TL;DR The launch of Ripple USD (RLUSD) on exchanges marks a milestone after overcoming many legal obstacles, offering a new stablecoin. RLUSD facilitates fast and cost-effective global payments, supported by the XRP and Ethereum blockchains, and is designed for both businesses and everyday users.

Pro-XRP lawyer Bill Morgan reacts to mounting concerns over the U.S. Securities and Exchange Commission (SEC) or Chairman Gary Gensler spoiling the RLUSD stablecoin launch party. Notably, the US SEC recently labeled the stablecoin as an unregistered crypto asset in the Ripple lawsuit.

The price of the popular cryptocurrency XRP has risen over 467% in just over a month and is currently trading at $2.70. For many, even the most bullish XRP enthusiasts, such a wild performance came as a surprise, but U.Today had been predicting such an outcome for the cryptocurrency long before this surge happened.

Stellar Lumens was one of the best-performing cryptocurrencies on Dec. 17 as it continued to mirror Ripple. Stellar (XLM) price rose by 10%, reaching an intraday high of $0.4713, up 32% from its lowest level this month.

Ripple's uptrend is yet to show any sign of weakness, as it is very likely for the asset to hit a new record high in the short term.

Ripple's native crypto coin, XRP, has experienced a 24-hour 13% price uptick as whale activity and market optimism surged ahead of the launch of Ripple's new stablecoin, RLUSD. The blockchain firm announced the stablecoin will debut today, and anticipation surrounding the event appears to increase XRP's market activity.

It recently became known that the stablecoin Ripple USD (RLUSD) from the eponymous San Francisco crypto company has been officially launched. The stablecoin will work on two networks simultaneously — at least that is the plan now.

Savvy chartist Peter L. Brandt who has been in trading since 1975, has published a tweet to share that he had spotted a bullish pattern “Half Mast Flag” on an XRP/USD chart.

The most awaited Ripple Labs stablecoin Ripple USD (RLUSD) is now live on global exchanges after a prolonged period of struggle and hurdles with legal agencies. The cryptocurrency industry sees the launch as a major development for Ripple's native token, XRP, which was strongly influenced after yesterday's announcement.

With the rise of cryptocurrency cloud mining in recent years, most investors have rushed to grab this piece of “beeswax” and obtain huge profits from it. As the leader of cloud mining service providers, Cryptokeying has the most advanced data centers in the world, providing reliable, intelligent and diversified computing power.

The XRP price continued rising, becoming one of the best-performing large-cap cryptocurrencies in the market. Ripple (XRP) surged by over 12%, extending an uptrend that began on December 10 when the token bottomed at $1.9065.

In a surprising yet speculated move, the XRP price broke above a pattern and pierced through the crucial resistance, suggesting a massive rise in the strength of the bulls. FOMO has been in play at the moment, which has submerged the risk associated with the token for a while.

Because RLUSD transactions will burn XRP, the "two assets are intertwined and investors have picked up on this connection," an analyst said.

Ripple CEO Brad Garlinghouse has expressed excitement over the launch of the Ripple USD (RLUSD) stablecoin, describing it as "an enterprise-grade stablecoin for everyone." Yesterday, Ripple announced that Ripple USD (RLUSD) will be available on global exchanges starting today, Dec. 17, 2024.

Enterprise-focused blockchain Ripple will begin rolling out its long-awaited US Dollar stablecoin on Tuesday, December 17, after receiving approval from the New York Department of Financial Services (NYDFS) last week.

Ripple Labs' $XRP has been making waves in the crypto realm, capitalizing on regulatory developments that have spurred bullish market sentiment. Promising advancements in the ongoing legal battle between the Securities Exchange Commission (SEC) and Ripple have helped restore investor confidence in $XRP.

Ripple recently announced the official launch of its stablecoin RLUSD, scheduled for this Tuesday, December 17, 2014. This news has generated great enthusiasm in the crypto community, with optimistic forecasts for the price of XRP.

Without even waiting for Bitcoin ($BTC) to even pause in its upward trajectory, both Ripple ($XRP) and Stellar ($XLM) are putting on a show. How far can they go?

XRP whales reduce holdings amid price consolidation as retail investors buy the dip. Ripple's RLUSD launch and bullish technicals hint at a potential breakout to $4.03.

The year 2024 has been an eventful year for the cryptocurrency sector, especially when viewed from the perspective of ETFs. The trading of spot Bitcoin ETFs and spot Ethereum ETFs was approved by US regulators.

XRP is gaining bullish momentum fueled by the launch of Ripple's RLUSD stablecoin and technical patterns signaling a potential breakout. Will XRP hit $3 soon?

XRP's price has been building significant momentum, currently trading at $2.66 after a daily gain of 11.75% and a weekly surge of 18.72%.

XRP surpasses $2.50 amid strong technical indicators and anticipation of Ripple's RLUSD stablecoin launch, with analysis suggesting potential for new all-time highs.

With the planned debut of RLUSD on Tuesday and Bitcoin breaking above the $107K price level for the first time, XRP skyrocketed to $2.60 resistance and eyes $4.

XRP price continued with its ascent on Tuesday, gaining 2.1% at the time of writing to trade at $2.53. The crypto coin has been on an ascending trajectory in the last week, with its gains at 14.4% during that period.

Ripple CTO David Schwartz addressed XRP Ledger (XRPL) account reserves and the voting mechanism. He tried to clarify that the voting system is designed to coordinate feature activation and not as the network's primary governance tool.

Though a relative latecomer to the 2024 cryptocurrency bull market, XRP has, nonetheless, performed remarkably and is, in total, 304.70% in the green year-to-date (YTD).

XRP News: Ripple whales appears to be on a buying spree, sparking a rally of over 8% in its native coin today. Notably, this comes as the market optimism soars especially as the blockchain firm announced to launch of its stablecoin RLUSD later today.

Bitcoin's (BTC) price hit another milestone on Tuesday, touching historic peaks above $107,000. While the Fear and Greed Index reads “Extreme Greed,” Ripple's XRP and Algorand (ALGO) attracted the attention of altcoin enthusiasts. Bitcoin breaks ATH records The leading crypto by market cap stirred the markets today after hitting the $107,780 all-time high.

Ripple's RLUSD stablecoin launches with strong market interest, pushing XRP to $2.57.

XRP's surge came after Ripple announced today's stablecoin launch.

Popular crypto tracking service Whale Alert, which traces down large cryptocurrency transfers and shares the details on its account on the X platform (formerly widely known as Twitter), has spotted an immense XRP transfer worth almost $200 million in fiat.

The third-biggest crypto payments facilitator, Ripple announced that its RLUSD Stablecoin will go live today, ie., Tuesday, December 17, 2024.

Chainlink price is showing fresh bullish momentum amid a market trend that remains largely sideways. Currently, LINK is forming an ascending triangle pattern, indicating a potential breakout.