- Ripple's stablecoin RLUSD is announced to be listed on Singapore's Independent Reserve exchange.
- It was reported that Singapore customers can trade RLUSD with Singapore dollars and US dollars.
- Independent Reserve stated that by being the first to list Ripple RLUSD, it strengthens its position in the market.
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- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Singapore cryptocurrency exchange Independent Reserve announced on the 24th that it will list Ripple's stablecoin (a cryptocurrency pegged to the dollar) RLUSD.
Independent Reserve's Singapore customers can trade Ripple RLUSD using Singapore dollars and US dollars on the order book and over-the-counter (OTC) markets.
Lasantha Perera, CEO of Independent Reserve Singapore, stated, "Stablecoins are rapidly growing in the market," and expressed pride in being the first Singapore exchange to list Ripple RLUSD.
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