Ripple, Revolut, and Zero Hash Team Up to Expand Stablecoin Reach

Generado por agente de IACoin World
sábado, 8 de febrero de 2025, 9:21 am ET1 min de lectura
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Ripple, a leading blockchain technology company, has announced a strategic partnership with Revolut, a digital banking alternative, and Zero Hash, a cryptocurrency infrastructure provider. The collaboration aims to expand the use cases of Ripple's stablecoin, RLUSD, by integrating it into the XRPL and Ethereum networks.

The partnership will enable users of Revolut and Zero Hash to access and utilize RLUSD, a stablecoin pegged to the US dollar, on both networks. This integration is expected to optimize global fund transfer efficiency and enhance user experience by providing a more stable and secure medium for transactions.

Ripple's XRP Ledger (XRPL) is a decentralized, open-source blockchain that supports a wide range of applications, including stablecoins like RLUSD. By integrating RLUSD onto the XRPL and Ethereum networks, Ripple is expanding the reach and utility of its stablecoin, making it more accessible to a broader range of users.

Revolut, a UK-based fintech company, offers a range of financial services, including currency exchange, fee-free money transfers, and cryptocurrency trading. By partnering with Ripple, Revolut is further expanding its cryptocurrency offerings and providing its users with access to a stable and secure medium for transactions.

Zero Hash, a US-based cryptocurrency infrastructure provider, offers a range of services, including custody, settlement, and compliance solutions. By integrating RLUSD onto its platform, Zero Hash is expanding its stablecoin offerings and providing its users with access to a more stable and secure medium for transactions.

The partnership between Ripple, Revolut, and Zero Hash is a significant step towards the wider adoption of stablecoins and the integration of blockchain technology into the global financial system. By providing users with access to a stable and secure medium for transactions, these companies are helping to drive innovation and growth in the cryptocurrency industry.

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