Crypto regulation continues to redefine the contours of a rapidly changing industry. In this dynamic, Ripple, one of the leaders in blockchain solutions, has just obtained a historic green light from the New York Department of Financial Services (NYDFS) for its stablecoin RLUSD. This approval comes after several months of deliberations, which consolidates Ripple’s position in a highly competitive market. As stablecoins play an increasingly strategic role in digital finance, this development raises notable questions: how does Ripple intend to capitalize on this regulatory validation? Can this breakthrough reshuffle the cards against major players like Tether and Circle? The stakes are immense, both for the future of RLUSD and for the entire stablecoin ecosystem.
The article Crypto: Ripple gets the green light for its stablecoin RLUSD appeared first on Cointribune.
