Ripple News: Ripple’s RLUSD Stablecoin Nears Launch

Ripple Unicorn News - December 14, 2024

Ripple Labs is in the final testing stages of its regulated stablecoin, RLUSD, after minting 13.9 million tokens. Approved by the New York Department of Financial Services, RLUSD is fully backed by U.S. Treasuries. The stablecoin's launch could impact XRP's market dynamics and drive further integration with DeFi platforms.

Sources
https://blockonomi.com/from-xrp-to-rlusd-ripples-new-stablecoin-rlusd-enters-final-testing/

Outline
(00:00:00) Introduction
(00:00:27) Ripple’s New Stablecoin (RLUSD) Enters Final Testing

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