Ripple has officially announced the global launch of its new USD-backed stablecoin, RLUSD, set to go live on Tuesday across multiple major platforms. The rollout follows recent regulatory approval from the New York Department of Financial Services (NYDFS), marking a significant milestone in Ripple’s expansion into the digital asset and payments infrastructure space. As RLUSD prepares for deployment, market sentiment around XRP is also gaining momentum, with technical indicators suggesting a potential surge toward a new all-time high of $4.75—provided key resistance levels hold.
This strategic move not only strengthens Ripple’s position in the global payments ecosystem but also enhances the utility of the XRP Ledger (XRPL), opening new doors for decentralized finance (DeFi) integrations and cross-border transaction efficiency.
RLUSD Launches Globally After NYDFS Approval
Ripple’s long-anticipated stablecoin, RLUSD, is now live following formal clearance from the New York Department of Financial Services (NYDFS) on December 10. Originally expected to launch on December 4, the delay allowed for final compliance validations, ensuring a smooth and regulated rollout.
Designed as an "enterprise-grade, USD-denominated stablecoin," RLUSD is built with a core focus on trust, compliance, and real-world utility. It maintains a 1:1 peg to the U.S. dollar, backed by reserves consisting of U.S. dollar deposits, short-term Treasury bonds, and other highly liquid cash equivalents.
“The release of RLUSD marks a new chapter – both for the XRP Ledger, as well as @Ripple for use in our $70B+ payments flows.”
— Monica Long, President of Ripple
Initial availability includes integration with leading platforms such as MoonPay, Uphold, CoinMENA, Bitso, and ArchaxEx. Over the coming weeks, Ripple plans to expand RLUSD support to additional exchanges including Bullish, Bitstamp, and Mercado Bitcoin, broadening access for both retail and institutional users.
Multi-Chain Deployment and Future Use Cases
RLUSD will initially be available on two major blockchains: the XRP Ledger (XRPL) and Ethereum Mainnet. This dual-chain deployment enables seamless interoperability across DeFi ecosystems, empowering developers and financial institutions to leverage RLUSD in lending protocols, decentralized exchanges (DEXs), and payment rails.
One of the most anticipated applications is the use of RLUSD in cross-border payments, which Ripple plans to roll out to enterprise clients in early 2025. By combining the speed and low cost of XRPL with a stable, regulated U.S. dollar token, Ripple aims to revolutionize international remittances—offering faster settlement times and reduced counterparty risk.
To ensure full transparency, Ripple has committed to monthly third-party attestations of RLUSD’s reserve holdings. These audits will be conducted by an independent accounting firm, reinforcing confidence in the stablecoin’s backing and operational integrity.
XRP Technical Analysis: Bullish Flag Pattern Signals Potential $4.75 Rally
In tandem with the RLUSD launch, XRP is showing strong technical momentum. After a breakout over the weekend confirmed a bullish flag pattern, XRP surged toward key resistance levels at $2.58** and **$2.92.
According to Coinglass data, over $18.6 million** in liquidations occurred within 24 hours, with long positions dominating at **$10.14 million—indicating sustained buying pressure despite volatility.
On the daily chart, XRP bounced off the 23.6% Fibonacci retracement level, reclaiming upward trajectory and testing resistance near $2.58. A decisive close above this level—with high trading volume—could trigger accelerated bullish momentum.
The measured move from the flag’s “pole” suggests a potential upside target of **$4.75**, which would represent a new all-time high for XRP. For this scenario to unfold, sustained volume and a break above $2.92 will be critical.
Additional confirmation comes from momentum indicators:
- The Relative Strength Index (RSI) remains above 50, signaling bullish dominance.
- The Stochastic Oscillator (Stoch) shows upward crossover, reinforcing upward momentum.
However, a daily candlestick close below $1.96 could invalidate the bullish thesis and signal a reversal.
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Frequently Asked Questions (FAQs)
What is RLUSD?
RLUSD is Ripple’s newly launched USD-backed stablecoin, designed for enterprise use in cross-border payments and DeFi applications. It is fully backed by U.S. dollar reserves and short-term Treasuries, maintaining a 1:1 peg to the USD.
Where can I buy RLUSD?
RLUSD is available on platforms including MoonPay, Uphold, CoinMENA, Bitso, and ArchaxEx. Additional listings on Bullish, Bitstamp, and Mercado Bitcoin are expected in the coming weeks.
How is RLUSD different from other stablecoins?
RLUSD is built with compliance and institutional adoption in mind. Backed by a NYDFS-regulated entity and supported by monthly reserve attestations, it emphasizes transparency and regulatory alignment—making it ideal for financial institutions and global payment networks.
Can RLUSD be used on the XRP Ledger?
Yes. RLUSD is natively supported on the XRP Ledger (XRPL) as well as Ethereum Mainnet, enabling fast, low-cost transactions and integration with XRPL-based DeFi protocols.
What drives XRP’s price surge toward $4.75?
Technical analysis reveals a confirmed bullish flag pattern, supported by strong volume and momentum indicators like RSI and Stochastic Oscillator. A breakout above $2.92 could propel XRP toward a projected target of $4.75.
Is XRP safe for long-term investment?
While all crypto investments carry risk, XRP benefits from Ripple’s growing ecosystem, real-world payment use cases, regulatory clarity in certain jurisdictions, and strong technical foundations. Investors should conduct thorough research and consider market conditions before investing.
Core Keywords Integrated Naturally
Throughout this article, key terms such as RLUSD, XRP, XRP Ledger (XRPL), stablecoin, bullish flag pattern, NYDFS, cross-border payments, and DeFi have been strategically included to align with user search intent while maintaining natural readability and SEO effectiveness.
The convergence of regulatory approval, product launch, and favorable technical signals positions Ripple at a pivotal moment in its evolution—bridging traditional finance with blockchain innovation.
With RLUSD now live and XRP showing strong bullish potential, Ripple continues to solidify its role as a leader in blockchain-powered financial infrastructure. As adoption grows across exchanges and enterprise networks, the synergy between RLUSD and XRP could drive unprecedented value across the ecosystem in 2025 and beyond.