logo
welcome
CoinGape

CoinGape

Ripple RLUSD stablecoin marks debut in Singapore market with Independent Reserve listing

CoinGape
Summary
Nutrition label

65% Informative

Ripple RLUSD stablecoin marked its debut in the Singapore market.

Investors can trade the stablecoin against Singapore dollars (SGD) and US dollars (USD) on Independent Reserve from December 22, 2024 .

This marks the first time a Singapore -based licensed exchange has embraced the Ripple stablecoin.

This development appeared to have boosted the market confidence significantly, as evidenced by the surge in XRP price today .

VR Score

48

Informative language

41

Neutral language

62

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links