Ripple CEO Brad Garlinghouse says the NYDFS has approved the launch of Ripple’s stablecoin RLUSD.
XRP price jumps 9%, as Ripple predicts RLUSD could hit a US$2 trillion market cap by 2028.
Changes in SEC leadership and pending ETF approvals signal a bullish future for XRP and crypto regulations.
Ripple’s stablecoin ambitions have just become a reality, as CEO Brad Garlinghouse said on X that regulators have approved the project. According to the post from 11 December, Australian Time, the New York Department of Financial Services (NYDFS) has given the go-ahead for the launch.
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