Ripple News: Ripple Set To Launch Regulated Stablecoin RLUSD

Ripple Unicorn News - December 02, 2024

Ripple is poised to enter the regulated US crypto market with its new stablecoin, RLUSD, pending approval from New York's financial regulator. This strategic move aims to provide a stable alternative to XRP amidst ongoing legal challenges and positions Ripple against established stablecoin issuers.

Sources
https://www.foxbusiness.com/markets/ripple-poised-new-york-approval-stablecoin-set-enter-regulated-us-crypto-market

Outline
(00:00:00) Introduction
(00:00:27) Ripple poised for New York approval of stablecoin

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