{
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Ripple USD stablecoin launched on Independent Reserve in Singapore

Independent Reserve Singapore has launched Ripple USD (RLUSD), a stablecoin backed by the US dollar, enabling secure trading in SGD and USD. This addition marks a significant milestone for the exchange, enhancing cross-border transactions and supporting decentralized finance. RLUSD operates under strict regulatory oversight, with monthly third-party verification of its reserves, reinforcing its credibility in the cryptocurrency market.
Crypto News Flash
United States Dollar Singapore Dollar SGP USA Lasanka Perera
Finance & Economy, Press Release
10:53 24.12.2024
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