Ripple's RLUSD Stablecoin Approved by New York Regulator
Ripple’s CEO said RLUSD listings will go live on exchanges “soon” following the New York Department of Financial Services’ approval of the stablecoin.
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More news about rlusd launch
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Ripple launches stablecoin RLUSD: analyzing the new pattern of the stablecoin market
New York’s top cryptocurrency regulator, the New York Department of Financial Services (NYDFS), is about to approve the new stablecoin RLUSD issued by cross-border payment company Ripple Labs.
JinseFinanceNew York regulators ready to greenlight Ripple’s RLUSD stablecoin
Ripple Labs’ RLUSD stablecoin, an over-collateralized digital currency pegged to the U.S. dollar, is close to receiving approval from the New York Department of Financial Services (NYDFS).
JinseFinanceRipple mints 300K RLUSD stablecoins on Ethereum and XRP networks
Ripple is intensifying the development of its RLUSD stablecoin, engaging in frequent minting across the Ethereum and XRP networks. Although still in testing, RLUSD is expected to play a key role in settlement solutions, operating alongside XRP within Ripple’s expanding ecosystem.
BerniceRipple USD (RLUSD) launch: the best of both TradFi and DeFi
On 4 April, Ripple unveiled plans to launch its own stablecoin, pegged 1:1 to the US dollar, alongside its existing cryptocurrency, XRP. This strategic initiative markets a significant milestone for the company as it seeks to bridge the gap between traditional finance (TradFi) and decentralised finance (DeFi).
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