CoinVoice has recently learned that Ripple Labs conducted tests for its new stablecoin product RLUSD, including token minting and transfers, with tests carried out on the XRP Ledger and Ethereum blockchain. Over the past few months, Ripple Labs has been continuously testing RLUSD to join the rapidly growing stablecoin ecosystem. The latest minting involved approximately 9,999,700 RLUSD tokens, with the XRP Ledger index at 146.
Previously, it was reported by FOX Business, citing informed sources, that the New York Department of Financial Services has indicated it would approve Ripple's launch of its new stablecoin product—RLUSD, which is scheduled to launch on December 4. [Original link]
