Ripple Joins Forces with Revolut and Zero Hash to Expand RLUSD Reach
Hey FinTech Fanatic!
Ripple Labs is making waves with new partnerships with Revolut and Zero Hash, expanding the reach of its RLUSD stablecoin. This move is set to challenge the dominance of USDT and USDC in the stablecoin market. Ripple USD (RLUSD), pegged to the US dollar, is quickly gaining momentum, and this partnership marks a key step towards widespread adoption.
Edward Woodford, Founder and CEO at Zero Hash, shared: "The addition of RLUSD to our ecosystem demonstrates Zero Hash’s commitment to providing our customers with access to the most innovative and regulated stablecoin technologies." This integration means Revolut and Zero Hash users can now trade RLUSD seamlessly on both XRPL and Ethereum networks, opening up new possibilities for digital payments.
With Ripple USD quickly rising in valuation and trading volume, the stage is set for a fierce competition with traditional stablecoins. As Ripple expands its global footprint, this could mark the beginning of a new era in the world of stablecoins.
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