#MarketNewHype 🔥 Ripple's stablecoin RLUSD will officially launch on Tuesday, December 17 🇺🇸.
RLUSD will initially be available on platforms such as Uphold, Moonpay, Archax (a UK exchange), and CoinMENA (licensed by the Central Bank of Bahrain 🇧🇭 and the Dubai Virtual Assets Regulatory Authority).
In the coming weeks, RLUSD will be listed on additional platforms such as Bitso, Bullish, Bitstamp, and many other exchanges.
Early next year, Ripple Payments will use RLUSD to facilitate global payments for its enterprise customers.
Ripple will also add two new members to its advisory board:
1- Raghuram Rajan, former Governor of the Reserve Bank of India.
2- Kenneth Montgomery, former First Vice President and Chief Operating Officer of the Federal Reserve Bank of Boston.
Rajan and Montgomery will join the current members of the board, which include:
- Sheila Bair, former FDIC Chair.
- David Puth, Vice Chairman of Partners Capital.
- Chris Larsen, co-founder and Executive Chairman of Ripple.
Source: X Fox Business News @ EleanorTerrett.