Peter Thiel-Backed Crypto Exchange Adds Ripple’s USD Stablecoin
25.12.2024 15:00 1 min. read Alexander Zdravkov
Bullish, an institutional crypto exchange supported by Peter Thiel, has launched the Ripple USD (RLUSD) stablecoin on its platform, as announced this Tuesday.
Users of the exchange will now have access to seven different trading pairs involving RLUSD, including RLUSD/USDC, BTC/RLUSD, XRP/RLUSD, ETH/RLUSD, USD/RLUSD, EUR/RLUSD, and SOL/RLUSD.
This stablecoin, which went live on December 17, follows months of anticipation after its initial announcement in April. Ripple released RLUSD to the public after securing essential regulatory approval from the New York State Department of Financial Services (NYDFS).
RLUSD has also been welcomed by other major exchanges. Most recently, it was listed by Independent Reserve, based in Singapore, after already being added to platforms like Bitso and Uphold.
As of now, RLUSD boasts a market cap of $72.8 million, positioning it as the 691st largest cryptocurrency by market value.
-
1
XRP Could Beat Solana to the ETF Finish Line, Analysts Say
12.06.2025 17:00 2 min. read -
2
Plasma’s ICO: A $500M Frenzy Sparks Fairness Debate
10.06.2025 22:00 2 min. read -
3
Bitcoin Holds Above $100K, But Analyst Sees Trouble Brewing
07.06.2025 17:00 1 min. read -
4
South Korea’s New President Pushes for Domestic Stablecoins
11.06.2025 16:00 2 min. read -
5
Ethereum Faces Heavy Sell-Off Amid Rising Geopolitical Tensions
13.06.2025 14:00 1 min. read
XRP Price Prediction: Can XRP Hit $4 After XRPL EVM Sidechain Launch?
XRP (XRP) has gone up by 1.2% in the past 24 hours but, behind that mild price increase, there has been a significant spike in trading volumes. During this period, $2.4 billion worth of XRP has exchanged hands, representing an 83% increase. Just hours ago, Ripple announced the official launch of its Ethereum-compatible sidechain called […]
Ethereum Launches Onchain Time Capsule to Mark 11th Anniversary in 2026
A community-driven initiative launched Monday is inviting Ethereum users to lock art, memories, and personal messages inside a decentralized “time capsule,” set to be opened on the network’s 11th anniversary next year.
Ethereum Accumulation Surges While U.S. Politics Stir Market Uncertainty
A new CryptoQuant report highlights a growing divergence between long-term Ethereum holders and short-term Bitcoin buyers, with significant accumulation behavior unfolding in both markets amid increasing political and economic tension in the U.S.
TRON (TRX) Eyes Breakout as Bollinger Bands Signal Squeeze
According to a new analysis from CryptoQuant, TRON (TRX) may be gearing up for a breakout as tightening Bollinger Bands point to an imminent expansion in volatility.
-
1
XRP Could Beat Solana to the ETF Finish Line, Analysts Say
12.06.2025 17:00 2 min. read -
2
Plasma’s ICO: A $500M Frenzy Sparks Fairness Debate
10.06.2025 22:00 2 min. read -
3
Bitcoin Holds Above $100K, But Analyst Sees Trouble Brewing
07.06.2025 17:00 1 min. read -
4
South Korea’s New President Pushes for Domestic Stablecoins
11.06.2025 16:00 2 min. read -
5
Ethereum Faces Heavy Sell-Off Amid Rising Geopolitical Tensions
13.06.2025 14:00 1 min. read