Altcoins News

Story: Fidelity Drops RLUSD Stablecoin on Ethereum, Takes Aim at USDT’s Throne

By Sakamoto Nashi

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Fidelity just dropped a bomb. The financial giant launched RLUSD on January 29, 2026, creating a new stablecoin that's gunning straight for Tether's USDT crown on Ethereum's…

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Tom Jessop, president of Fidelity Digital Assets, picked Ethereum over building their own blockchain for a pretty clear reason.

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RLUSD can't launch fully until the SEC gives its blessing. Fidelity's waiting on regulatory approval that could make or break the stablecoin's market entry.

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Meanwhile, Ripple's Brad Garlinghouse keeps pushing XRP despite all the regulatory mess swirling around.

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Ripple's not backing down from their XRP strategy. The company keeps chasing strategic partnerships even with regulatory pressure breathing down their necks.

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Shiba Inu traders are getting excited about a potential 10% price jump. Whale activity on January 27 saw someone move over 1 trillion SHIB tokens, and that kind of movement…

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The stablecoin market's heating up fast. Fidelity's RLUSD enters a space where USDT has been king for years, but competition could shake things up.

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And Fidelity's timing isn't random - they're making this move when the stablecoin market faces intense scrutiny from regulators.

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SHIB's volatility keeps traders hooked. The cryptocurrency's engaged investor base watches every price movement, and the prospect of a 10% rise has people paying attention.

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Fidelity's expansion into stablecoins marks a bigger institutional shift toward digital assets.

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Ripple's Asian bank partnership could change XRP's regional presence. Cross-border payments remain XRP's strongest use case, and integrating with established financial…

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The SEC's approval timeline for RLUSD remains unclear, but January 29 marked the official launch date pending regulatory clearance.

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The stablecoin battleground extends far beyond just Fidelity and Tether. Circle's USDC holds roughly $32 billion in market cap compared to USDT's $120 billion dominance, while…

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Regulatory pressure on stablecoins intensified after the Treasury Department's October 2025 report recommended stricter reserve requirements and monthly audits for all USD-backed…

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