Ripple Lab’s new stablecoin Ripple USD (RLUSD) is set to receive approval from the New York Department of Financial Services (NYDFS) and may be ready for launch by Dec. 4, Fox Business reported citing people familiar with the matter. Once Ripple Labs receives the approval, it will be able to legally offer RLUSD—an overcollateralized dollar-pegged […]
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Ripple’s stablecoin RLUSD expected to launch on Dec. 4 with NYDFS approval