XRP Price Prediction As Ripple RLUSD Launches Today, And This Presale Blasts Past $19 Million With Only 3 Days Left To Listing
The XRP price plunged 2% in the last 24 hours to trade at $2.51 as of 02:10 a.m. EST on trading volume that skyrocketed 113% to $15.2 billion. This comes as Ripple (XRP) confirmed in a press release on Monday that its Ripple XRP RLUSD stablecoin will officially launch on Tuesday across exchanges, including MoonPay, Uphold, CoinMENA, Bitso and ArchaxEx. The release of RLUSD marks a new chapter – both for the XRP Ledger, as well as @Ripple for use in our $70B+ payments flows. Combining our 10+ yrs in the business; the rigor & compliance required with stablecoin issuance by a @NYDFS chartered company; and an experienced Advisory… — Monica Long (@MonicaLongSF) December 16, 2024 The news comes after Ripple received approval from the New York Department of Financial Services (NYDFS) on December 10 to launch the RLUSD stablecoin, before which the crypto community had anticipated a December 4 launch. XRP Price Aims For A Breakout The 4-hour chart of XRP/USD presen...