👀 What is $RLUSD l — and why watch it?
💰 Price: $1.0002 | 24H: +0.01%
📊 24H Range: $1.0000 – $1.0004
🔁 24H Volume: 73.16M RLUSD
RLUSD is Ripple’s USD-pegged stablecoin, designed to stay close to $1 while offering blockchain-based payments and settlement.
🔹 Issued by Ripple’s Standard Custody & Trust Company
🔹 Regulated under NYDFS oversight
🔹 Backed by U.S. dollars and other cash equivalents, including short-term U.S. Treasury assets
🔹 Binance currently offers zero trading fees on RLUSD/USDT under its promotion
🎯 My take: RLUSD is holding a very tight range around $1. For traders, stablecoins like this can be useful for keeping funds in a dollar-denominated asset while waiting for market opportunities.
❓ Which stablecoin do you prefer — USDT, USDC, or RLUSD? 👇
#rlusdt #rip #BinanceSquareTalks
💰 Price: $1.0002 | 24H: +0.01%
📊 24H Range: $1.0000 – $1.0004
🔁 24H Volume: 73.16M RLUSD
RLUSD is Ripple’s USD-pegged stablecoin, designed to stay close to $1 while offering blockchain-based payments and settlement.
🔹 Issued by Ripple’s Standard Custody & Trust Company
🔹 Regulated under NYDFS oversight
🔹 Backed by U.S. dollars and other cash equivalents, including short-term U.S. Treasury assets
🔹 Binance currently offers zero trading fees on RLUSD/USDT under its promotion
🎯 My take: RLUSD is holding a very tight range around $1. For traders, stablecoins like this can be useful for keeping funds in a dollar-denominated asset while waiting for market opportunities.
❓ Which stablecoin do you prefer — USDT, USDC, or RLUSD? 👇
#rlusdt #rip #BinanceSquareTalks
