Ripple has partnered with Revolut and Zero Hash to expand access to its RLUSD stablecoin. The move aims to strengthen RLUSD's position in the market and challenge the dominance of USDT and USDC.

Meanwhile, XRPUSD appears to have found intraday support after a bearish move on the H1 chart. The price saw a strong bounce at a key level that had previously acted as a reaction point multiple times.

Revolut, Zero Hash Enable RLUSD Access

Revolut and Zero Hash customers can now access RLUSD on both the XRPL and Ethereum networks. The partnership seeks to enhance cross-border transactions by improving security and efficiency.

The announcement comes as the Trump administration emphasizes the role of US dollar-backed stablecoins in the economy. Ripple has stated that it will continue to focus on compliance while adapting to market demands.

XRPUSD Faces Resistance, Key Support Level

The XRPUSD H1 chart shows that the price encountered resistance at 2.52600, leading to a strong bearish move. However, it bounced at 2.32750, where a Hammer pattern formed. Buyers may look to go long if the level produces a bullish reversal pattern.

XRPUSD, H1 Chart, Source: TradingView
XRPUSD, H1 Chart, Source: TradingView

Conversely, if the price breaks below 2.32750, sellers might consider going short after breakout confirmation followed by a bearish reversal pattern.

Source: Finance Magnates