🚀 Ripple's RLUSD stablecoin is gearing up for its grand debut on Dec. 4, and the crypto world is buzzing! Approved by the New York Department of Financial Services, RLUSD will strut its stuff on Ripple's XRPL and Ethereum.
- Ripple warns against imposters until the official launch.
- RLUSD is a 1:1 US dollar-backed stablecoin, promising stability and liquidity.
- Ripple's XRP is rallying, complementing RLUSD in cross-border payments.
Ripple CEO Brad Garlinghouse hints RLUSD will woo large institutions, adding a dash of compliance to the stablecoin party. Stay tuned for the official launch! 🎉