China News by Thebittimes.Com

Ripple RLUSD has been launched as an off-ramp for BlackRock BUIDL and also VanEck VBILL tokenized funds through Securitize‘s platform. The integration allows institutional investors to exchange their tokenized fund shares for Ripple RLUSD instantly, and it provides 24/7 access to tokenized fund liquidity right now. Very excited to share that @BlackRock’s $BUIDL and @VanEck_US’s $VBILL tokenized fund holders can redeem shares for RLUSD/ETH 24/7 365 through @Securitize, and soon to come RLUSD/XRPL. Enterprise-grade instant onchain liquidity at your fingertips. That’s real utility.… — Brad Garlinghouse (@bgarlinghouse) September 23, 2025 Ripple RLUSD Off-Ramp Connects BUIDL, VBILL and Tokenized Liquidity Official Ripple press release titled “Ripple and Securitize Enable RLUSD Smart Contract Functionality for BlackRock’s BUIDL and VanEck’s VBILL Tokenized Funds” dated September 23, 2025 – Source: Ripple The smart contract actually enables holders of...

Bullish Inc. (NYSE: BLSH), a global digital asset platform catering to institutional clients, announced Tuesday it has received $1.15 billion in proceeds from its initial public offering (IPO), settled entirely in stablecoins. According to an announcement from the Cathie Wood favored firm, the transaction marks a significant milestone for the use of blockchain-based currencies in U.S. capital markets. The majority of the stablecoins were minted on the Solana (SOL) blockchain, with Jefferies serving as the billing agent for the offering. Jefferies oversaw the minting, conversion and distribution of the digital assets, coordinating with multiple issuers and platforms across North America, Europe and Asia. Bullish received a range of US dollar-and euro-denominated stablecoins, including USD CoinVertible and EUR CoinVertible issued by Societe Generale-FORGE, Global Dollar and PayPal USD issued by Paxos, Ripple USD on the XRP Ledger, USD1 from World Liberty Financial,...

RLUSD Ripple broke records in trading volume, beating PayPal USD and EURC. Since its launch in December 2024, RLUSD hit $34.7 million in daily trades. This tops PYUSD at $19.7 million and EURC at $12.4 million. The rise shows strength during cryptocurrency market volatility. Banks and traders now pick RLUSD for its reliable performance in daily transactions. BREAKING! Ripple USD stablecoin has flipped both PayPal and Euro stable in 24hr Volume only two weeks after its launch. #XRP @xpmarket @UpholdInc pic.twitter.com/DDOGs9dXpc — Paul Barron Network (@paulbarrontv) January 4, 2025 Also Read: How High Will Cardano (ADA) Surge After Trump Takes Office? How Ripple’s RLUSD Overcomes Cryptocurrency Challenges and Market Volatility Source: Blockhead.co Strategic Integration with XRP Ledger RLUSD Ripple works on both XRP Ledger and Ethereum. Users get fast, cheap transfers across networks. Adam Cochran, Managing Partner at Cinneamhain Ventures, states that “RLUSD acts as a Trojan H...

Ripple Labs has officially launched its RLUSD stablecoin on global crypto exchanges. The stablecoin has been the subject of plenty of hype since the company’s unveiling earlier this year. Now, RLUSD is available to make near-instantaneous P2P payments on MoonPay, B2C2, Keyrock, Coinmena, and Archax. JUST IN: Ripple officially launches $RLUSD stablecoin. — Watcher.Guru (@WatcherGuru) December 17, 2024 Ripple Labs will enlist an independent auditing firm to create attestations of RLUSD reserve assets and then publish them monthly. Additionally, the company will add two high-profile former central bankers to its stablecoin advisory board to help with the rollout process. Further listings on Bitso; Bullish; Bitstamp; Mercado Bitcoin and Independent Reserve, Zero Hash, and others in the coming weeks. Ripple CEO Brad Garlinghouse announced last week that RLUSD sealed “final approval” from the New York Department of Financial Services, and would be coming soon without an exact release d...

Ripple (XRP) has been making headlines for its latest development. The firm announced it will be launching its very own stablecoin called RLUSD. This asset leverages XRP and has been under wraps. The firm began working on it in April. This news barely had any impact on XRP as the asset continued trading at the $0.54 range, with a drop of over 0.82% throughout the past 24 hours. Also Read: How High Will Shiba Inu Rise If Its Market Cap Hits $500 Billion? Ripple’s Decade-Long Performance And Future Potential Source Despite its current price drop, it should be noted that the altcoin has witnessed a fairly positive decade. XRP dipped to an all-time low of $0.002802 back in 2014. Ever since, the asset has surged by 19107.63%. Diving deeper, XRP has had a remarkable 10,300% price gain from the end of August 2013 when it was trading at $0.005. This is about a year post its launch when the asset slowly began to boom. This further highlights the impeccable growth rate of XRP even though it...