Ripple's RLUSD Stablecoin Will Launch Today on These Exchanges

An article from Investing reports that Ripple's RLUSD stablecoin will be launched this Tuesday, after Ripple received approval from the New York State Department of Financial Services earlier in December. Initially, RLUSD will be traded on several global exchanges, but not including Coinbase and Robinhood. RLUSD will be issued on two blockchains: Ethereum and XRP Ledger. Another article mentions that NYDFS approved RLUSD on December 10, and a Facebook post states that the launch date is December 4. However, it is important to note that David Schwartz, Ripple's Chief Technology Officer, has warned about the potential for significant price volatility in the early days of launch due to some large orders and that the price may not reflect the actual value of the coin. Other articles also discuss the impact of the RLUSD launch on the value of XRP.