Ripple’s RLUSD Stablecoin Approval Spurs 20% XRP Surge

Ripple announced on December 10 that the New York Department of Financial Services (NYDFS) has approved its RLUSD stablecoin for launch. Ripple CEO Brad Garlinghouse shared the milestone in a post, marking a significant regulatory achievement for the company. The approval follows months of effort, including Ripple’s acquisition of Standard Custody & Trust Company, which … Continue reading “Ripple’s RLUSD Stablecoin Approval Spurs 20% XRP Surge” The post Ripple’s RLUSD Stablecoin Approval Spurs 20% XRP Surge appeared first on Cryptoknowmics-Crypto News and Media Platform .

Source: Cryptoknowmics