Ripple’s stablecoin RLUSD approved for December launch in New York

Ripple’s dollar-backed stablecoin, RLUSD, is officially on track for its December 4 debut in New York. The New York Department of Financial Services (NYDFS) is reportedly ready to approve the new product, clearing Ripple to enter the highly regulated New York finance market. Ripple’s core business, built around RippleNet, enables faster, cheaper international payments through […] source: https://www.cryptopolitan.com/ripples-stablecoin-rlusd-approved-for-december-launch-in-new-york/