Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market

XRP

XRP/USDT

$1.4126

+1.07%

$1.4126

+1.07%

(24s)

24h Volume

$985,841,225.71

24h H/L

$1.4205 / $1.3907

Change: $0.0298 (2.14%)

Long/Short

73.1%

Long: 73.1%Short: 26.9%

Funding Rate

-0.0003%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.4159

▲ 1.24%

Volume (24h): -

Resistance Levels

Resistance 3$1.6185

Resistance 2$1.5204

Resistance 1$1.4461

Price$1.4159

Support 1$1.39

Support 2$1.2883

Support 3$1.1581

Pivot (PP):$1.4149

Trend:Sideways

RSI (14):61.4

CryptoSlate Editorial

(06:05 PM UTC)

1 min read

Reviewed bySarah Chen

0 comments

Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already used to navigate currency weakness and limited access to traditional dollar savings.

On June 2, the Brad Garlinghouse-led company announced that its US dollar-pegged stablecoin, RLUSD, is now available to…