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

XRP

XRP/USDT

$1.001

-0.41%

$1.001

-0.41%

(24s)

24h Volume

$225,862,722.24

24h H/L

$1.0068 / $0.9995

Change: $0.007300 (0.73%)

Long/Short

78.0%

Long: 78.0%Short: 21.9%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$0.9996

▼ -0.32%

Volume (24h): -

Resistance Levels

Resistance 3$1.0364

Resistance 2$1.0175

Resistance 1$1.003

Price$0.9996

Support 1$0.9869

Support 2$0.8330

Support 3$0.7530

Pivot (PP):$1.003

Trend:Downtrend

RSI (14):35.3

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…