Ripple’s RLUSD Stablecoin: Here’s What You Need to Know Before It Launches
Once RLUSD becomes available, Ripple plans to use RLUSD and XRP in its cross-border payments solution.
Ripple is gearing up to launch its US dollar-backed stablecoin Ripple USD (RLUSD). The crypto community is eagerly awaiting the launch, which is scheduled for December 4.
According to Fox Business, Ripple is expected to launch RLUSD on December 4, following approval from the New York Department of Financial Services.
The blockchain company has warned against tokens claiming to be RLUSD or Ripple USD until an official announcement confirms the launch.
Preliminary listings of RLUSD have already appeared on major crypto data providers, including CoinGecko and CoinMarketCap
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