Binance Restores Withdrawals for Ripple's RLUSD Stablecoin
Photo: U.Today
Cryptocurrency exchange Binance has fully enabled withdrawals for Ripple’s RLUSD stablecoin on the Ethereum network. This move is part of the exchange's gradual service recovery process after the massive $6.3 billion hack. On Nov. 3, the exchange released an update on the next stage of its withdrawal restoration plan, with a new list of cryptocurrencies available for withdrawal. Interestingly, the new list of assets includes Ripple’s US dollar-backed stablecoin RLUSD and a number of other stablecoins. This announcement follows Binance’s gradual restoration of withdrawals, which began on Nov.
Source: U.Today
