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Kraken introduces RLUSD from Ripple: trading in the US dollar-linked cryptocurrency starts on April 2nd
Kraken Launches RLUSD from Ripple – New Cryptocurrency Available April 2 Cryptocurrency exchange Kraken has announced that it has launched RLUSD, a new cryptocurrency from Ripple. This digital currency is pegged to the US dollar and will be available for trading on the platform from April 2nd. The launch of RLUSD marks a significant step for Ripple and the crypto industry. As a stablecoin, RLUSD offers a more stable trading option for investors who want to avoid the volatility of traditional cryptocurrencies. Kraken, led by CEO Jesse Powell, has established itself as one of the leading exchanges in the industry and expanded its...
Kraken introduces RLUSD from Ripple: trading in the US dollar-linked cryptocurrency starts on April 2nd
Kraken Launches Ripple’s RLUSD – New Cryptocurrency Available April 2nd
Cryptocurrency exchange Kraken has announced that it has launched RLUSD, a new cryptocurrency from Ripple. This digital currency is pegged to the US dollar and will be available for trading on the platform from April 2nd.
The launch of RLUSD marks a significant step for Ripple and the crypto industry. As a stablecoin, RLUSD offers a more stable trading option for investors who want to avoid the volatility of traditional cryptocurrencies.
Kraken, led by CEO Jesse Powell, has established itself as one of the leading exchanges in the industry and continues to expand its offerings. The addition of RLUSD to the trading offering is expected to attract both new users and existing customers looking for reliable and stable trading opportunities.
With the availability of RLUSD on Kraken, access to digital currencies backed by real-world assets such as the US dollar will be easier. This can help increase confidence in the crypto market and encourage more investors to get involved with cryptocurrencies.
Overall, the launch of RLUSD on Kraken shows the growing interest and developments in the digital currency space. Traders and investors can be excited about the possibilities this new stablecoin offers.