Independent Reserve First in Singapore to List Ripple’s RLUSD Stablecoin

Independent Reserve becomes first Singapore exchange to list Ripple USD (RLUSD) stablecoin. RLUSD offers faster, cost-effective cross-border transactions with SGD and USD trading. Ripple’s stablecoin backed 1:1 by US Dollar, ensuring stability and transparency with audits. Independent Reserve (IR), a crypto exchange in Singapore, has become the first in the city-state to list Ripple’s USD-backed stablecoin, Ripple USD (RLUSD). According to the report, customers in Singapore can now trade RLUSD against Singapore Dollars and US Dollars on the exchange’s order book and over-the-counter (OTC) desk. Independent Reserve is the first #crypto exchange in #Singapore to list #stablecoin Ripple USD (RLUSD)! IR #SG customers can trade #RLUSD in #SGD & #USD on our order book and OTC desk. Learn more here: https://t.co/08z1Asdl3q pic.twitter.com/ZM1zHW6OJd — Independent Reserve (@indepreserve) December 24, 2024 The listing will be available on XRP Ledger and Ethereum networks. Also, Ripple USD is fully backed 1:1 by the US Dollar, with reserves held in US fiat and cash equivalents, including short-term Treasury Bills and government money market funds. The… The post Independent Reserve First in Singapore to List Ripple’s RLUSD Stablecoin appeared first on Coin Edition .