According to The Block, Ripple's stablecoin RLUSD will officially launch on December 17. Ripple added that an independent auditing firm will be responsible for creating proof of RLUSD's reserve assets to enhance transparency. These proofs will be published monthly.

The stablecoin will initially be launched on Uphold, MoonPay, Archax, and CoinMENA, with plans to expand to platforms such as Bitso, Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, and Zero Hash in the coming weeks.