š Ripple Expands RLUSD Stablecoin into the EU via Luxembourg šš¶
Ripple steps up its global rollout of RLUSDāits U.S. dollarābacked stablecoināby launching in Luxembourg as a gateway to the 30ānation EEA under EUās new MiCA regulation .
š¹ Issued by Ripple Payments Europe SA with an EMI license application underway
š¹ Luxembourgās strong banking hub (including partner BNYāÆMellon) ensures reserve compliance
š¹ All RLUSD transactions are bridged by $XRP for instant, cross-border liquidity
š¹ Already backed 1:1 by USD deposits, U.S. Treasuries and cash equivalents
In just months since its U.S. debut, RLUSD has: ⢠š Surpassed $500M market cap and integration with Transak for fiat onāramps in 64 jurisdictions
⢠Added OpenPayd in the UK for streamlined B2B payments
This isnāt hypeāitās real infrastructure. MiCAācompliance in Europe brings regulated access, while deep reserve backing and instant $XRP bridges elevate RLUSD beyond traditional tokens.
š EU expansion via Luxembourg, U.S. onāramp reach, and XRP integration: RLUSD is positioning itself as a global stablecoin powerhouseāready for serious adoption.
#BTCWhaleTracker #BTC120kVs125kToday #MemecoinSentiment #xrp