Ripple's XRP validates bullish flag as RLUSD set to officially launch on Tuesday
Ripple (XRP) confirmed in a press release on Monday that its RLUSD stablecoin will officially launch on Tuesday across exchanges, including MoonPay, Uphold, CoinMENA, Bitso and ArchaxEx. Bullish sentiments surrounding the launch could help XRP overcome the $2.58 and $2.92 resistance levels.
The stablecoin will become broadly available to crypto users on the XRP Ledger and Ethereum networks starting Tuesday.
Issued under the New York Trust Company Charter, and approved under the New York Department of Financial Services, RLUSD has been designed for trust and transparency. Each token is backed 1:1 by USD ...
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