Ripple USD Sees Retail Rise Despite Enterprise Focus

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Update (July 25, 12:10 pm UTC): This article has been updated to correct information related to Ethereum-issued RLUSD and rectify previous information about EVM sidechain-issued RLUSD.

Ripple USD, a stablecoin issued by XRP coin issuer Ripple, was initially marketed as an “enterprise-focused” stablecoin but has since gained traction among retail users.

Ripple officially introduced its Ripple USD (RLUSD) stablecoin in late 2024, with CEO Brad Garlinghouse highlighting its institutional focus, setting RLUSD apart from competitors primarily focused on…



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Ripple USD Sees Retail Rise Despite Enterprise Focus


Update (July 25, 12:10 pm UTC): This article has been updated to correct information related to Ethereum-issued RLUSD and rectify previous information about EVM sidechain-issued RLUSD.

Ripple USD, a stablecoin issued by XRP coin issuer Ripple, was initially marketed as an “enterprise-focused” stablecoin but has since gained traction among retail users.

Ripple officially introduced its Ripple USD (RLUSD) stablecoin in late 2024, with CEO Brad Garlinghouse highlighting its institutional focus, setting RLUSD apart from competitors primarily focused on…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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