The essence of the $OM RWA label is to tokenize assets from the real world, enabling fast, efficient, and convenient transactions through blockchain, thereby enhancing the liquidity and transparency of assets. The prospects are very broad, marking an important milestone in the future digital crypto era. It is also one step in the application of cryptocurrencies. However, in the short term, OM will not recover immediately; this will be a long growth process.
$OM The cryptocurrency market is like a roller coaster; all we need to do is hold on tight and safely get through it. People’s instinctive reaction is to chase when prices rise and to sell quickly when they fall. However, we can think differently; if you have some extra disposable income, you might consider buying some cryptocurrencies during unexpected situations. Who knows, you might reap a small reward someday in the future.
$PHA pha's performance is poor and the volatility is too large. Binance should issue a risk warning and add pha to the watch list. How did such a garbage project pass the review? In the future, such garbage projects should not be placed on the exchange. It has aroused public anger.
RLUSD’s key partners include leading global exchanges, market makers, and payment providers who will drive adoption and usage in the Americas, APAC, UK, and the Middle East. RLUSD is well suited for financial use cases and allows institutions to:
Facilitate instant settlement of cross-border payments.
Access liquidity for remittance and treasury operations.
Integrate seamlessly with decentralized finance (DeFi) protocols.
Reliably connect traditional fiat and crypto ecosystems, ensuring a seamless and efficient transition when entering (onboarding) or exiting (offboarding) the crypto space.
Provide collateral for on-chain transactions of tokenized real-world assets such as commodities, securities, and treasuries.
Early next year, Ripple Payments will use RLUSD to provide global payment services to its corporate clients. With $70 billion in payments volume and growing, Ripple Payments has near-global reach, covering more than 90 payment markets and more than 90% of the daily FX market.
RLUSD is available on both the XRP Ledger and Ethereum blockchains, providing flexibility and scalability for a wide range of financial use cases.
Raising the Standards for Stablecoins: Ripple USD Launches Globally with Unmatched Utility, Experience, and Compliance
Leading financial institution digital asset infrastructure provider Ripple today announced that Ripple USD (RLUSD) will begin trading on global exchanges tomorrow (December 17, 2024). RLUSD is an enterprise-grade, USD-pegged stablecoin created with trust, utility, and compliance at its core, backed by Ripple's years of experience in cryptocurrency and existing financial systems.
RLUSD will initially be available on Uphold, Bitso, MoonPay, Archax, and CoinMENA, with plans to list on platforms like Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, and Zero Hash in the coming weeks. Each RLUSD token is fully backed by USD deposits, U.S. government bonds, and cash equivalents, designed to ensure its stability, reliability, and liquidity. To maintain the highest transparency standards, Ripple will publish monthly third-party attestations of RLUSD reserve assets conducted by independent auditing firms.
Ripple CEO Brad Garlinghouse stated, "Ripple made an early decision to launch our stablecoin under the NYDFS limited-purpose trust company charter, which is widely regarded as the gold standard for regulatory frameworks globally. As the U.S. moves towards clearer regulatory guidance, we expect stablecoins like RLUSD to see broader adoption, as they offer genuine utility and are backed by years of trust and expertise in the industry."
I still have high hopes for the leading staking track of ETH, LDO. Trump's successful election is beyond doubt, and LDO is worth a speculative investment. Additionally, I am holding onto some spot pepe, as its performance has been surprising. This green frog humorously conveys laughter towards the crypto world, which is very interesting. #加密市场反弹 $PEPE $LDO
World trade relies on the Swift system, but Swift has many issues. In simple terms, Swift has become ineffective in cross-border trade, with not only high fees but also slow efficiency. Ripple, on the other hand, has vast potential for applications in cross-border trade settlements. For instance, in trade with Southern International or in BRICS countries, Ripple can make a significant impact. Blockchain needs to transition into substantial applications, and in the realm of trade, there is no doubt that Ripple has already achieved significant milestones. You should cherish the limited time of Ripple at its low price and look forward to holding it; Ripple is destined for greatness #瑞波 $XRP