🚀 Ripple moves forward with the launch of its stablecoin! 💸
Ripple's long-awaited stablecoin, $RLUSD, has just received approval from the New York Department of Financial Services (NYDFS). ✅🔥 The news was confirmed by the company's CEO, Brad Garlinghouse, marking an important step in Ripple's strategy to expand its presence in the crypto market.
The stablecoin will be pegged to the US dollar, bringing more stability and confidence to users. 💵✨ With the approval of the New York regulator, the launch of $RLUSD is getting closer, although the official date has not yet been announced. 🕒
The news caused an immediate impact on the market, leading XRP, the native currency of the Ripple network, to record a new high on Tuesday afternoon (12/10), Brazil time. 📈🔥
And you, are you excited for the launch of this new stablecoin? Comment what you think of this innovation! 👇💬