Jobs News Ripple Plans To Launch Dollar Backed Stablecoin
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Ripple partner enters $300bn stablecoin race
SBI, a long-term backer of XRP, has a market cap of $15.09 billion. Company to unveil yen-denominated token by end of second quarter of 2026. SBI to work on coin with Sony collaborator Startale. Read More
Ripple’s RLUSD Stablecoin: A New Catalyst for XRP?
Ripple’s (XRP) new stablecoin RLUSD reached $1B market cap within a year of its December 2024 launch. RLUSD transaction volume jumped 210% over 30 days to over $4B. Ripple is piloting RLUSD with ... Read More
Ripple’s RLUSD stablecoin goes multichain in new pilot
Ripple Labs is expanding its US dollar-backed stablecoin RLUSD to Ethereum layer-2 blockchains as part of a pilot while it awaits regulatory approval for a full rollout next year. In partnership with ... Read More
Ripple Expands $1.3B RLUSD Stablecoin to Ethereum L2s via Wormhole in Multichain Push
Ripple said it's testing its U.S. dollar stablecoin on Optimism, Base, Ink and Unichain with more blockchains to be added next year pending regulatory review. Read More
Sony Bank Joins Ripple Circle to Launch US Dollar Stablecoin by 2026
TLDR Sony Bank will launch a USD-pegged stablecoin in the U.S. by fiscal 2026. The coin will support payments across Sony’s games, music, and streaming platforms. Sony applied for a U.S. banking ... Read More
Ripple’s RLUSD Hits $1.26B: Third-Largest U.S.-Regulated Stablecoin Ready for GENIUS Act
Ripple’s USD-backed stablecoin, RLUSD, has hit a $1.26 billion market cap in less than a year. That makes it the third-largest among U.S.-regulated stablecoins positioned for GENIUS Act compliance ... Read More
Europe's bank-backed stablecoin; Ripple gets a win in Singapore
While U.S. dollars have been the primary reserve backing most stablecoins, there are efforts in other countries to diversify the supporting assets. A group of European banks this week advanced work on ... Read More
Ripple expands $1.3B RLUSD stablecoin to Ethereum L2s via Wormhole
Ripple, the payments-focused blockchain firm, has announced the expansion of its US dollar-backed stablecoin (RLUSD) into Ethereum layer-2 (L2) ... Read More
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