New York's top cryptocurrency regulator is close to greenlighting a new stablecoin issued by Ripple, which could launch as early as Wednesday, December 4 😍😍😍😍.
If approved, Ripple Labs will be able to legally offer its RLUSD stablecoin to the public.
This is huge, the price of XRP could reach levels never seen before, since, with this approval, a significant amount of XRP would have to be immobilized in the AMMs, WHICH WOULD PRODUCE AN INCREDIBLE PRICE SHOCK.
It is already one step away from surpassing solana, write in the comments the month in which you think it will be able to surpass ethereum in marketcap.
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