Ripple prepares to launch stablecoin RLUSD, pending NYDFS approval. 🚀

- XRP remains strong, thanks to political changes and RLUSD expectations, currently trading at $1.46 with upside potential.

- Ripple announced plans for the RLUSD stablecoin in April, which will be available on XRP Ledger and Ethereum.

- Ripple began testing RLUSD in late summer and announced the opening of trading after approval.

- Most of RLUSD has been burned recently, with only about 100k left on Ethereum and XRP Ledger.

- Ripple president Monica Long says the product is ready, but depends on NYDFS.

- XRP price up 3% in 24 hours, one of the best performing cryptocurrencies of the past month. 📈