Soil Launches RLUSD Yield Protocol on XRP Ledger
Soil has introduced a compliant real-world asset-backed yield protocol for RLUSD on the XRP Ledger, offering institutional-style returns and expanding stablecoin utility.
Soil has introduced a compliant real-world asset-backed yield protocol for RLUSD on the XRP Ledger, offering institutional-style returns and expanding stablecoin utility.
Ripple’s dollar-backed stablecoin RLUSD will begin trading on Binance with Ethereum support on January 22, while XRP Ledger integration is expected in the near term.
Ripple secured approval from the Monetary Authority of Singapore to broaden activities under its Major Payment Institution license, strengthening its regulated presence in a key Asia Pacific market.
Ripple has joined forces with Mastercard, Gemini, and WebBank to enable RLUSD stablecoin settlement for credit card transactions, marking a milestone in blockchain-based payments.
Ripple has expanded into prime brokerage with the launch of Ripple Prime in the United States, allowing institutional clients to trade and manage a full range of digital asset products, including XRP and RLUSD.