I hope to be listed on a major exchange

$XRP

Ripple's USD stablecoin RLUSD was officially launched on December 17, 2024, and is listed on exchanges. Here are the details regarding the release of RLUSD:
1. Release Date: RLUSD was launched on December 17, 2024.
2. Listing Exchanges: RLUSD will initially be available on platforms such as Uphold, MoonPay, Archax, and CoinMENA, with plans to launch on Bitso, Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and others in the coming weeks.
3. Independent Audit: Ripple will hire an independent auditing firm to create proof of RLUSD's reserve assets to enhance transparency, with plans to publish these proofs monthly.
4. Asset Backing: RLUSD is fully backed by USD deposits, U.S. government bonds, and cash equivalents, aimed at maintaining a stable price of 1 USD.
5. Regulatory Approval: RLUSD has received final approval from the New York Department of Financial Services (NYDFS).
6. Market Positioning: Ripple aims to capture market share in the rapidly growing stablecoin market with RLUSD, currently dominated by Tether's USDT and Circle's USDC tokens.
7. Advisory Committee: Ripple has also added two prominent former central bank governors to its stablecoin advisory committee to assist with the launch process.
8. Price Volatility Warning: Although RLUSD is designed to maintain a price of 1 USD, price fluctuations may occur due to limited early supply.

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