Ripple Labs has finally launched its stablecoin, Ripple USD (RLUSD), on global exchanges after facing legal obstacles. The cryptocurrency industry views this launch as a major development for Ripple's native token, XRP. RLUSD is an enterprise-grade stablecoin that combines fiat stability with blockchain efficiency, maintaining a constant value of one US dollar. It is built on the XRP Ledger and Ethereum blockchain and is fully backed by a segregated reserve of cash and cash equivalents. Users can benefit from instant global payments, seamless on/off ramps, and accessing value in real-world assets. Following the launch, XRP has experienced a significant surge in price and trading volume. However, the launch has also attracted investors and long-term holders, resulting in substantial XRP inflows to exchanges, indicating potential selling pressure and a possible price decline in the future.



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