{"id":5934,"date":"2025-01-03T13:31:42","date_gmt":"2025-01-03T13:31:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=5934"},"modified":"2025-01-03T13:31:42","modified_gmt":"2025-01-03T13:31:42","slug":"heres-how-ripples-rlusd-launch-has-affected-the-xrp-price","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=5934","title":{"rendered":"Here&#8217;s How Ripple&#8217;s RLUSD Launch Has Affected The XRP Price"},"content":{"rendered":"<div>\n<p>The launch of <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42505350\/rlusd-launch-is-not-an-opportunity-to-get-rich-ripple-executive-cautions\">Ripple\u2019s <strong>RLUSD<\/strong> stablecoin<\/a> on Dec. 17 is yet to spark a significant rally for the price of <strong>XRP <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>).<\/p>\n<p><strong>What Happened: <\/strong>The stablecoin received the <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42423570\/ripple-secures-nydfs-approval-for-rlusd-stablecoin-xrp-price-up-9\">green light from New York regulators<\/a> in December and represents a significant evolution in Ripple\u2019s ecosystem.<\/p>\n<p>RLUSD is backed by a combination of cash reserves and short-term U.S. Treasury Bills, maintaining a strict 1:1 peg with the U.S. dollar and providing a stable foundation for large-scale transactions.<\/p>\n<p>According to Tradingview <a href=\"https:\/\/www.tradingview.com\/chart\/bhtLIBx2\/?symbol=COINBASE%3AXRPUSD\">data<\/a>, XRP opened at a price &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42783990\/heres-how-ripples-rlusd-launch-has-affected-the-xrp-price\" alt=\"Here's\" how ripple rlusd launch has affected the xrp price>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The launch of Ripple\u2019s RLUSD stablecoin on Dec. 17 is yet to spark a significant rally for the price of XRP (CRYPTO: XRP). What Happened: The stablecoin received the green light from New York regulators in December and represents a significant evolution in Ripple\u2019s ecosystem. RLUSD is backed by a combination of cash reserves and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-5934","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/5934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5934"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/5934\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}