Ripple’s RLUSD Stablecoin Launches on Kraken
- RLUSD is now integrated into the Kraken crypto exchange.
- The stablecoin aims for a $250 million market cap milestone.
- Current market cap stands at $244 million, ranking it as the 22nd largest stablecoin.
- RLUSD operates on both the XRP Ledger and Ethereum networks.
- BKK Forex and iSend are utilizing RLUSD for cross-border transactions.
The integration of RLUSD into Kraken marks a significant step towards its market cap goal of $250 million, with its current valuation at $244 million. The stablecoin is being used across various platforms for efficient cross-border payments and trading settlements.
Source (2.6)https://cryptobriefing.com/ripple-rlusd-stablecoin-kraken-integration/?rand=59535
