Sentiment Trading

Ripple has partnered with Bahrain Fintech Bay to embed its USD-backed stablecoin, RLUSD, into the country’s Web 3 infrastructure, marking a strategic pivot towards institutional adoption and potential growth in liquidity and user base.

Ripple’s RLUSD stablecoin has achieved significant milestones, including surpassing $500 million in market capitalization and partnering with BNY Mellon, positioning it as a key player in the stablecoin market.