Based on the most recent tweet on X, Ripple confirmed that its RLUSD stablecoin isn’t launching in the present day, citing the necessity for last approval from the New York Division of Monetary Companies (NYDFS).
Regardless of some hypothesis, $RLUSD isn’t launching in the present day. We’re in lockstep with the NYDFS on last approval and can share updates as quickly as potential.
We’re totally dedicated to launching beneath the supervision of NYDFS and upholding the very best regulatory requirements. Keep tuned…
— Ripple (@Ripple) December 4, 2024
Ripple writes, “We’re totally dedicated to launching beneath the supervision of NYDFS and upholding the very best regulatory requirements. Keep tuned for updates!”
