Breaking news from Ripple: they’ve officially received approval from the New York Department of Financial Services (NYDFS) to launch their stablecoin RLUSD! 🏛️ This marks a pivotal step in bridging the gap between traditional finance and crypto.
📌 What’s next?
Ripple’s CEO, Brad Garlinghouse, has confirmed that exchange and partner listings are coming soon. With Ripple’s growing presence in the regulatory space and this new development, RLUSD might just set the stage for a new wave of stablecoin adoption. 🌍