#Ripple is set to launch its RLUSD stablecoin on Tuesday, December 19, following regulatory approval from the New York Department of Financial Services (NYDFS) on December 10. The USD-backed stablecoin, designed with trust, utility, and compliance at its core, will debut on platforms such as MoonPay, Uphold, CoinMENA, Bitso, and ArchaxEx, with plans for further expansion to Bullish, Bitstamp, Mercado Bitcoin, and others in the coming weeks. Ripple aims to utilize RLUSD for cross-border payments beginning early next year, with initial support on the XRP Ledger and Ethereum Mainnet via DeFi protocols. The stablecoin will also undergo regular audits to ensure transparency regarding its reserve assets. Meanwhile, Ripple's XRP has seen a notable surge, confirming a bullish flag pattern after breaking above a key trendline. Following a 1% rise and significant liquidations in the past 24 hours, XRP has tested resistance levels at $2.58, with further momentum potentially propelling the cryptocurrency to a new high of $4.75 if it surpasses the $2.58 and $2.92 resistance levels.

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