Ripple has just announced the launch of their stablecoin, RLUSD, which will be available on multiple platforms starting today, December 17, 2024! 🚀 Monica Long, President of Ripple, called this a significant step for the XRP Ledger and Ripple, which already handles over $70 billion in payments. 💵
RLUSD has received final approval from the New York State Department of Financial Services, and will be launching on exchanges like Uphold, MoonPay, and Bitso, with more exchanges set to join soon. 📈
While the launch date is clear, the exact time has not been announced. 🕒 Some speculations suggest the launch could happen around 8:00 AM EST, so stay tuned! 👀
This news has sent the price of XRP soaring! 📊 While some traders are taking profits, enthusiasm in the XRP market continues to grow as confidence in Ripple grows. 🌟
With the launch of RLUSD, $XRP
is expected to continue gaining positive momentum, so don't miss this development! 😊