XRP News Today: Ripple’s RLUSD Stablecoin Goes Live in AMM Pools

Share This Post

XRP News Today

The post XRP News Today: Ripple’s RLUSD Stablecoin Goes Live in AMM Pools appeared first on Coinpedia Fintech News

The XRP Ledger has just activated a game-changing update – the AMMClawback amendment. This new feature gives issuers the ability to recover tokens, even after they’ve been sent, offering a level of control never seen before. But that’s not all. This amendment also opens the door for Ripple’s stablecoin, RLUSD, to be used in Automated Market Maker (AMM) pools, unlocking a world of new opportunities.

Let’s dive in and explore the details.

What Issuers Should Know

With the AMMClawback amendment, issuers can now recover tokens that are sent to unintended or illegal recipients. This is particularly important if tokens are linked to illegal activities, as issuers can quickly take back the funds. This feature adds an extra layer of security and control to the XRP ecosystem.

Before this amendment, RLUSD could only be used within centralized exchanges. Now, with RLUSD enabled in AMM pools, Ripple’s stablecoin can be used more widely. This opens up new opportunities for its adoption and liquidity, especially in decentralized finance (DeFi) spaces.

Increasing Liquidity for RLUSD

Experts believe that the XRP/RLUSD pool will significantly increase the liquidity of Ripple’s stablecoin. By allowing RLUSD to be used in decentralized platforms, this update is expected to create more opportunities for growth, helping to strengthen its value and stability.

Ripple’s Focus on Regulatory Compliance

Former Ripple executive Emi Yoshikawa expressed excitement about the development, praising the XRPL community for its continued support. Jack McDonald, another Ripple executive, highlighted the company’s commitment to global financial regulations.

He stated that RLUSD is fully compliant with the highest regulatory standards, ensuring its continued success in the global market.

Experts agree that the new AMMClawback feature aligns with international financial regulations. This update ensures that if RLUSD is linked to fraud, Ripple can quickly take back the tokens, offering more protection for users and investors.

Ripple USD Market Overview 

The market cap of Ripple USD stands at $72,339,549. The 24-hour trading volume of RLUSD remains at $58,098,278. The current circulation supply of RLUSD is 72,300,301. 

The activation of the AMMClawback amendment marks an important milestone for Ripple and its RLUSD stablecoin. By improving liquidity and ensuring regulatory compliance, this update strengthens Ripple’s position in the financial world. With RLUSD now able to be used in AMM pools, Ripple is opening the door to more growth and providing added security for its users.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Ripple is paving the way for a new era of stability and liquidity in the world of stablecoins.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Accumulation Resumes After 3 Months Of Distribution – Analyst

Bitcoin (BTC) continues to trade below the $85K level, fueling fears of further downside as the bearish trend remains intact Bulls are losing momentum, failing to reclaim key resistance levels and

BTCC Exchange Named Headline Sponsor of Red Eagle Foundation’s Charity Golf Day Featuring Matt Le Tissier

This content is provided by a sponsor PRESS RELEASE March 18, 2025 – BTCC, the world’s longest-serving crypto exchange, is proud to continue its support of the Red Eagle Foundation’s charity

Ethereum Price Prediction 2025, 2026 – 2030: Can ETH Price Hit $5k?

The post Ethereum Price Prediction 2025, 2026 – 2030: Can ETH Price Hit $5k appeared first on Coinpedia Fintech News Story Highlights The Ethereum price today is ETH price with a potential

Mubarak Meme Coin Skyrockets 200% in 48 Hours: Is This Rally Sustainable?

The post Mubarak Meme Coin Skyrockets 200% in 48 Hours: Is This Rally Sustainable appeared first on Coinpedia Fintech News MUBARAK coin has taken the crypto market by storm, skyrocketing 200% in just

Cato Institute Warns of Eroding Financial Privacy Rights Amid Fincen’s New Reporting Rules

The Cato Institute has criticized the Financial Crimes Enforcement Network (FinCEN)’s decision to lower the threshold for currency transaction reports from $10,000 to $200 for US citizens

Breaking: XRP, Polygon, and Cardano Selected for Skyren DAO’s Token Surge Event – Staking Rewards Up to 210% APY

The post Breaking: XRP, Polygon, and Cardano Selected for Skyren DAO’s Token Surge Event – Staking Rewards Up to 210% APY appeared first on Coinpedia Fintech News The DeFi world just got a major