Golden Finance reported that at the Ripple Swell 2024 conference in Miami, Florida, Ripple announced the exchange and market maker partners for its upcoming dollar-pegged stablecoin RLUSD. The company also added Sheila Bair, former chairman of the Federal Deposit Insurance Corporation (FDIC), and David Puth, former CEO of Centre, a consortium that sets standards for USD Coin (USDC), to its stablecoin advisory board. Monica Long, president of Ripple Labs, said the company is waiting for regulatory approval from the New York Department of Financial Services to publicly launch RLUSD. "From our perspective, we are ready to operate."