Ripple CEO Confirms NYDFS Approval for RLUSD Stablecoin Launch

Dec 10, 2024, 07:57 PM

Ripple has received final approval from the New York Department of Financial Services (NYDFS) to launch its stablecoin, RLUSD. Ripple CEO Brad Garlinghouse confirmed that exchange and partner listings for RLUSD will be live soon. This approval marks a significant step for Ripple in expanding its offerings in the cryptocurrency market.