The stablecoin is reportedly available on platforms like Uphold, Bitso, MoonPay, Archax, and CoinMENA.
The launch caused a significant surge in XRP’s trading volume, increasing by 80%.
After much anticipation, Ripple’s stablecoin, Ripple USD (RLUSD), is now live on global exchanges. The listing of the digital asset has caused a surge in the trading volume of the token native to the blockchain XRP.
Data from CoinMarketCap shows that XRP’s 24-hour
trading volumes soared 80% to $18 billion. At the time of writing, XRP traded
at $2.62 with a market capitalization of $149 billion, ranking third behind
Bitcoin and Ethereum.
In the past day alone, the price has risen nearly 5%, while the gains are more than 25% in the weekly chart. In contrast, Bitcoin and Ethereum have not changed much in the daily chart, trading at $106,895 and $3,945, respectively.
Monthly Chart, Source: CoinMarketCap
Ripple’s New Digital Dollar
Ripple has officially entered the stablecoin market
with the launch of its new digital currency, Ripple Dollar (RLUSD). Announced
on December 17, RLUSD is now live on major global exchanges. RLUSD seeks to
offer cross-border transactions.
According to the company, the token is backed by US
dollar deposits and government bonds, ensuring stability in an otherwise
volatile market. Although RLUSD has not made it to major crypto
exchanges, it is reportedly available on Uphold, Bitso, MoonPay, Archax, and
CoinMENA, with plans for broader adoption.
"Ripple USD (RLUSD) is now live on global exchanges.
An enterprise-grade stablecoin built for everyone, $RLUSD combines fiat
stability with blockchain efficiency: Instant global payments, 24/7, Seamless
on/off ramps, Access value in real-world assets," Ripple wrote.
Analysts are now predicting prices will reach as high
as $20 in the near term, with the possibility of market capitalization reaching
as high as $1 trillion in the second quarter of 2025. One user on X highlighted
that the bull market is still at an early stage, and more is yet to come.
Market Volatility
This move positions Ripple as a partner for financial
institutions, developers, and enterprises seeking to embrace digital assets
within regulated frameworks.
Interestingly, RLUSD faced volatility even before its
official launch despite its backing and stable value proposition. Pre-launch
bids for the token experienced unusual spikes, with some investors willing to
pay as much as $1,200 for a fraction of the stablecoin.
Ripple has reassured users that these inflated prices
are temporary and caused by early speculative interest. David Schwartz,
Ripple’s Chief Technology Officer, cautioned against fear of missing out (FOMO)
behavior.
After much anticipation, Ripple’s stablecoin, Ripple USD (RLUSD), is now live on global exchanges. The listing of the digital asset has caused a surge in the trading volume of the token native to the blockchain XRP.
Data from CoinMarketCap shows that XRP’s 24-hour
trading volumes soared 80% to $18 billion. At the time of writing, XRP traded
at $2.62 with a market capitalization of $149 billion, ranking third behind
Bitcoin and Ethereum.
In the past day alone, the price has risen nearly 5%, while the gains are more than 25% in the weekly chart. In contrast, Bitcoin and Ethereum have not changed much in the daily chart, trading at $106,895 and $3,945, respectively.
Monthly Chart, Source: CoinMarketCap
Ripple’s New Digital Dollar
Ripple has officially entered the stablecoin market
with the launch of its new digital currency, Ripple Dollar (RLUSD). Announced
on December 17, RLUSD is now live on major global exchanges. RLUSD seeks to
offer cross-border transactions.
According to the company, the token is backed by US
dollar deposits and government bonds, ensuring stability in an otherwise
volatile market. Although RLUSD has not made it to major crypto
exchanges, it is reportedly available on Uphold, Bitso, MoonPay, Archax, and
CoinMENA, with plans for broader adoption.
"Ripple USD (RLUSD) is now live on global exchanges.
An enterprise-grade stablecoin built for everyone, $RLUSD combines fiat
stability with blockchain efficiency: Instant global payments, 24/7, Seamless
on/off ramps, Access value in real-world assets," Ripple wrote.
Analysts are now predicting prices will reach as high
as $20 in the near term, with the possibility of market capitalization reaching
as high as $1 trillion in the second quarter of 2025. One user on X highlighted
that the bull market is still at an early stage, and more is yet to come.
Market Volatility
This move positions Ripple as a partner for financial
institutions, developers, and enterprises seeking to embrace digital assets
within regulated frameworks.
Interestingly, RLUSD faced volatility even before its
official launch despite its backing and stable value proposition. Pre-launch
bids for the token experienced unusual spikes, with some investors willing to
pay as much as $1,200 for a fraction of the stablecoin.
Ripple has reassured users that these inflated prices
are temporary and caused by early speculative interest. David Schwartz,
Ripple’s Chief Technology Officer, cautioned against fear of missing out (FOMO)
behavior.
Spain to Enforce MiCA and DAC8 in 2026, Ending Crypto’s Regulatory Grey Area
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
FINANCE MAGNATES LONDON SUMMIT 2025
FINANCE MAGNATES LONDON SUMMIT 2025
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
