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Ripple's RLUSD Stablecoin Gains Approval, Boosting XRP Prices

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Source: U.Today
Ripple's RLUSD Stablecoin Gains Approval, Boosting XRP Prices
Photo: U.Today
TL;DR

Ripple's RLUSD stablecoin has received approval from the New York State Department of Financial Services, allowing it to be listed on major exchanges soon. Initially announced in April and beta-tested on the XRP Ledger and Ethereum, the stablecoin is expected to contribute to the growing stablecoin market, which analysts predict could reach $3 trillion in four years.

Topics:businesscryptocurrency#cryptocurrency#nydfs#regulation#ripple#stablecoin
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  1. Breaking: Ripple's Stablecoin Gets Regulatory Approval  U.Today
  2. XRP Price Can Benefit From RLUSD Stablecoin Approval  Barron's
  3. XRP soars 11% as Ripple RLUSD stablecoin prepares to launch  Fortune
  4. Analysis: Ripple’s stablecoin approved says CEO Garlinghouse  Ledger Insights
  5. Ripple's Stablecoin Stuns Major US Exchanges as XRP Community Awaits Launch  U.Today

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