Ripple's RLUSD stablecoin in beta testing while awaiting regulatory approval! 🚀
- Ripple has partnered with exchanges like Bitstamp, Bitso, and Uphold for its RLUSD stablecoin, which will be pegged 1:1 to the US dollar, as announced in April.
- RLUSD, which began beta testing in August 2024, will be launched as soon as it receives approval from the New York Department of Financial Services.
- Ripple President Monica Long predicts the stablecoin market could reach $3 trillion in a few years. 💰
When do you think RLUSD will launch? Let's meet in the comments! 💬