Ripple News: Ripple Set To Launch RLUSD Stablecoin

Ripple Unicorn News - December 02, 2024

Ripple is preparing to launch its new stablecoin, RLUSD, pending approval from the New York Department of Financial Services. This move comes amid Ripple's ongoing legal challenges with the SEC, as the company seeks to navigate the regulatory landscape by leveraging state-level regulations.

Sources
https://cryptoslate.com/ripples-stablecoin-rlusd-expected-to-launch-on-dec-4-with-nydfs-approval/

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

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