Ripple News: Ripple Set To Launch Stablecoin In New York

Ripple Unicorn News - December 02, 2024

Ripple is on the brink of receiving approval from the New York Department of Financial Services for its new stablecoin, RLUSD. This move marks a strategic expansion into the regulated digital finance market, offering a stable alternative amidst ongoing legal challenges with XRP.

Sources
https://thenyledger.com/news/ripple-poised-for-new-york-approval-of-stablecoin-set-to-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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