More regulatory-compliant stablecoins like RLUSD could benefit mainstream crypto adoption worldwide.
Ripple has announced the exchange partners for its upcoming dollar-denominated stablecoin, Ripple USD (RLUSD).
The blockchain infrastructure provider has partnered with cryptocurrency exchanges and platforms, including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA and Bullish, to facilitate the distribution of the stablecoin.
Ripple’s new stablecoin aims to become the “gold standard for enterprise-grade stablecoins,” according to Ripple CEO Brad Garlinghouse, who wrote in an Oct. 15 announcement: