Ripple’s RLUSD stablecoin is launching imminently with NYDFS approval, poised to ignite XRP liquidity and ecosystem growth across major blockchains and partner platforms.
Ripple disclosed the forthcoming introduction of its stablecoin, RLUSD, on social media platform X Tuesday. The company emphasized the importance of vigilance against fraud and impersonation attempts as the launch approaches. “RLUSD is launching soon! Stay vigilant and report any impersonations or scams,” Ripple wrote. CEO Brad Garlinghouse affirmed the news, revealing that the New York State Department of Financial Services (NYDFS) has issued final approval for RLUSD.
Garlinghouse elaborated on plans to list RLUSD across exchanges and partner platforms, stating:
This just in…we have final approval from NYDFS for RLUSD! Exchange and partner listings will be live soon.