⚡Ripple: Decoupling fiat dollar from the new system⚡

#Ripple has added the stablecoin RLUSD to its payment solution while the company aims for greater adoption, as stablecoin regulation continues to gain momentum with key bills before the United States Congress.

It is their solution for cross-border payments. It seeks to provide access to a faster, cheaper, and more reliable way for businesses to move money across borders. With a 1:1 ratio to the US dollar, it currently has a market capitalization of 250 million dollars.

Its launch and incorporation into the cross-border solution represent an important step. Currently, #stablecoin continues to grow as clients of Ripple Payments, such as BKK Forex and iSend, use it for treasury management and global settlements.

This expansion implies greater growth that could turn #RLUSD into a key asset for banks, financial institutions, and payment service providers.

In addition to cross-border payment usage, it is also interested in decentralized finance and the rapidly expanding asset tokenization market. Stablecoins are a fundamental part of the ecosystems #DeFi and real-world assets.

It is worth noting that the integration of RLUSD into Ripple Payments comes at a time when Congress is seeking to pass key laws for stablecoin regulation. Trump recently urged lawmakers to pass the bill and present it for enactment as soon as possible.

#Ripple obtained regulatory approval from the New York Department of Financial Services (NYDFS) prior to the launch of RLUSD. The company is regulated as a limited-purpose trust company in New York.