Faster global financial news!
Ripple's RLUSD stablecoin has launched on the Coinbase platform and its Base blockchain, following Moody's granting it an investment-grade credit rating.
Ripple's RLUSD stablecoin has launched on the Coinbase platform and its Base blockchain, following Moody's granting it an investment-grade credit rating. The protocol announced on Wednesday that RLUSD is now available on Coinbase's retail and institutional trading platforms, expanding the distribution of the USD-backed cryptocurrency. Moody's had previously assigned RLUSD stablecoin an A2 long-term deposit rating and a P-1 short-term deposit rating, which Ripple Senior Vice President Jack McDonald called the first stablecoin to receive an investment-grade rating from Moody's. RLUSD, launched in December 2024, has already surpassed a market capitalization of $2.4 billion.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
-
2
Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
-
3
Former Aptos advisor "Buzz" leaves project, shifts meme marketing efforts to Meta stock
-
4
Global Mainstream Cryptocurrency Exchange Landscape and Characteristics Analysis
-
5
President Trump returns to Ohio, highlighting over $100 billion in private investment attracted to the state during his term.
-
6
Global Major Cryptocurrency Exchange Rankings and Key Factors for Platform Selection
-
7
Nikkei Asia: Iranian separatists intensify attacks and seize territory in response to a potential full-scale US assault.
-
8
FOR Token (ForTube) Issuance Price and Project Analysis
-
9
A Boston office building was sold at a foreclosure auction for one-third of its 2019 price, representing a discount of approximately $546 million.
-
10
Bybit will delist the PTBUSDT Perpetual Contract at 9:00 AM UTC on October 30.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
