XRP has shot up 370%, surging 370% from approximately $0.50 on November 5th to its current price of over $2.40.

RLUSD has sparked intense early demand with bids far exceeding its peg, while XRP gained 5% as excitement builds around the launch.

Ripple News Today: XRP has been on a bull ride since the U.S. election, with its price soaring close to $3 earlier this month. Currently, XRP is trading at $2.47, having risen 1.62% following the news of Ripple's RLUSD stablecoin launch. Analysts believe that XRP has the potential to reach $3.

Ripples RLUSD stablecoin, backed by U.S. dollar deposits and operating on both Ethereum and XRP Ledger, enters the market as a competitor to USDC and USDT. With regulatory trust and global expansion plans, RLUSD targets institutional adoption for payments and liquidity.

Swiss-based investment firm GAM Investments has urged SBI Holdings, a major Japanese financial institution, to adopt an XRP buyback program. The proposal, made through an open letter to SBI's CEO, Yoshitaka Kitao, suggests that the company implement a strategy similar to the Bitcoin acquisition strategy employed by MicroStrategy.

XRP price started a fresh increase from the $2.320 zone. The price is now rising and might soon aim for a move above the $2.55 resistance.

Ripple's RLUSD stablecoin debuts on Uphold, offering rewards and exclusive benefits, solidifying its role in digital payments and boosting value for XRP investors. Ripple's RLUSD Launches on Uphold—Where XRP Community Gains More Uphold, a leading Web3 financial platform, has confirmed that Ripple's new USD-backed stablecoin, RLUSD, will be fully accessible on its platform starting Dec.

Ripple has officially announced the launch of its RLUSD stablecoin, set to go live soon. Monica Long, President of Ripple, took to her social media handle on Monday and said that this new stablecoin is an important step for both the XRP Ledger and Ripple, which handles over $70 billion in payments.

Ripple RLUSD debuts to boost cross-border payments. Investors remain optimistic despite SEC uncertainty ahead of key 2025 developments.

Ripple's RLUSD is all set to launch today (December 17) and XRP price is all set to possibly explode. Analysts are saying that XRP is currently in the later stages of a cycle wave three on the daily chart and this wave may still extend a bit higher, potentially reaching new all-time highs.

While RLUSD's price will always be redeemable for $1, some onchain “collectors” are likely bidding to be the first to hold the much-awaited Ripple stablecoin.

Ripple's RLUSD stablecoin launch sparks a warning against “FOMO,” as early supply shortages could cause temporary price spikes before stabilizing near $1. RLUSD Launch Warning: Why Ripple CTO Urges Caution Amid Initial Supply Issues Ripple's chief technology officer, David Schwartz, has issued a measured warning about early price volatility for the company's U.S.

A widely followed crypto strategist believes that massive rallies are on the table for payments-focused altcoin XRP. Pseudonymous analyst Credible tells his 448,500 followers on the social media platform X that XRP appears to be gearing up for wave three of its five-wave surge on the four-hour chart.

The cryptocurrency market has reached an impressive milestone, crossing the $3.7 trillion mark in total market capitalization. Bitcoin has been a major contributor to this growth, achieving a new all-time high of $106,488.25, reflecting growing optimism among investors.

Ripple's groundbreaking RLUSD stablecoin launches on Tuesday, set to transform global payments with instant settlements, defi integration, and unrivaled regulatory compliance. Ripple Launches RLUSD Stablecoin: The Revolution in Global Payments Begins Ripple is gearing up for the global debut of Ripple USD (RLUSD), an enterprise-grade stablecoin launching on Dec. 17.

A known market analyst sees the $6 per coin prediction for XRP crypto being claimed by some experts as too conservative. Crypto Bitlord suggested that the real target for XRP is $589 per coin, adding that those skeptical about this target are “not delusional enough.

Ripple is set to launch its enterprise-grade stablecoin, RLUSD, on December 17, 2024, aiming to enhance compliance and transparency while catering to institutional needs in the growing digital asset market. The post Ripple Set to Launch RLUSD Stablecoin on December 17 appeared first on Cryptonews.

Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem.

A look at the day ahead in Asian markets.

Ripple is set to disrupt the $140B stablecoin market with the launch of RLUSD, a fully-backed USD stablecoin. Backed by prominent industry figures, this launch could be a game-changer for the crypto world.

Billy Markus, also known as Shibetoshi Nakamoto online and the creator of Dogecoin, has revealed his five favorite cryptocurrencies in a series of posts on X between the 14th and 15th of December 2024.

Crypto investment products saw $3.2 billion in inflows last week as ETF hopes drove investors towards XRP, according to CoinShares.

Blockchain firm Ripple says it is preparing to bring its stablecoin to the world's exchanges. The dollar-backed Ripple USD (RLUSD) will be available beginning Dec. 17, the company announced Monday (Dec. 16), in the latest example of rising enthusiasm in the digital asset sector following the election of Donald Trump last month.

Bitcoin hit a new all-time high of $107,822 according to Coingecko data on Monday, as bullish hopes are fueled by President-elect Donald Trump reportedly contemplating an executive order to establish a Strategic Bitcoin Reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $106,240.24 +3% Ethereum (CRYPTO: ETH) $4,052.99 +4% Solana (CRYPTO: SOL) $217.53 -1.5% XRP (CRYPTO: XRP) $2.48 +2.8% Dogecoin (CRYPTO: DOGE) $0.4049 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00002744 -0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 2.9% and daily active addresses falling by 0.4%.

Unlike other stablecoins, Ripple promises monthly attestations of RLUSD's reserve to is improve transparency within the crypto market.

Cryptocurrency investment products saw over $3.2 billion inflows over the past week, making the tenth consecutive weekly inflows these products have seen and bringing their total to now top $44.5 billion. Bitcoin investment products led the market, with investors moving $2 billion to these funds.

According to DonAlt, who presciently predicted XRP's massive rally in November, believes that the price of the XRP token might double if it manages to break out of its current range.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Massive whale movements totaling $283 million are driving bullish momentum for XRP, with analysts predicting a potential price surge to $7. Ripples RLUSD stablecoin launch on December 17 adds to the growing market buzz.

Ripple stablecoin RLUSD will debut on December 17, 2024, with initial listings on exchanges like Uphold and Bitso.

Ripple had previously revealed that RLUSD will be issued on XRP Ledger (XRPL) and Ethereum blockchains.

At the brink of chaos, RLUSD emerges, a fragile crypto star. Ripple anticipates scarcity and excitement, while traders are betting insane amounts on this still uncertain promise.

Xaman's spike in user activity reflects a renewed interest in the XRPL ecosystem amid the ongoing XRP rally and anticipation of the RLUSD stablecoin launch.

XRP, the cryptocurrency associated with Ripple Labs, has made a remarkable 8% rebound after briefly slipping below the $2 mark on December 10. This quick recovery has reignited optimism among investors and analysts, who now believe that the bullish rally may still have room to run.

XRP's price has experienced notable activity following a bearish trend in the past 24 hours. During this period, XRP's price fluctuated between an intra-day high of $2.57 and a low of $2.34.

Ripple will launch its US dollar-pegged stablecoin, Ripple USD (RLUSD), on Dec. 17 on the XRP Ledger and Ethereum. According to the Dec. 16 announcement, each RLUSD token will be fully backed by US dollar deposits, government bonds, and cash equivalents.

Ripple's U.S. dollar stablecoin will become available on the XRP Ledger and Ethereum blockchain starting Tuesday, Dec. 17.

Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.

Crypto analyst TradinSides has suggested that it might be time for investors to start closing their XRP long positions. This came as the analyst revealed a bearish pattern, which showed that the XRP price could witness a significant crash.

Ripple is set to launch its USD-backed stablecoin, Ripple USD (CRYPTO: RLUSD), on Tuesday. Following the announcement, Ripple's native coin XRP (CRYPTO: XRP) is up 4% on the day, having surged 130% over the past month.

With Rajan and Montgomery on board, Ripple strengthens its leadership in the stablecoin sector

XRP, the cryptocurrency associated with Ripple Labs, has firmly positioned itself as one of the top-performing assets of 2024, with CNBC describing it as the “biggest winner of the Trump trade.” Since Donald Trump's victory in the 2024 U.S.

XRP is on the verge of a major breakout, with key developments and market trends suggesting a potential surge in price. Ripple's new stablecoin, RLUSD, is set to launch for trading on Tuesday (December 17), after receiving approval from the New York State Department of Financial Services (NYDFS) earlier this month.

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, the world's third-largest cryptocurrency by market cap, is poised for a notable upside rally as it has formed a bullish price action pattern on its daily time frame and has been attracting significant attention from crypto investors.

Ripple announces the launch of its RLUSD stablecoin on Tuesday, December 17, 2024, as XRP token rises 8% following the news. The post Ripple's RLUSD stablecoin set to launch Tuesday as XRP token jumps 8% appeared first on Crypto Briefing.

The stablecoin will be backed by USD deposits and US government bonds.