Catenaa, Tuesday, December 17, 2024 – Ripple launches its much-anticipated RLUSD stablecoin today, marking a new entry into the competitive dollar-pegged stablecoin market.  Ripple confirmed RLUSD will be fully backed by US dollar deposits, government bonds, and cash equivalents. To ensure transparency, an independent auditing firm will produce monthly attestations of RLUSD’s reserve assets.  “Early […]

Catenaa, Thursday, December 12, 2024-Ripple’s RLUSD stablecoin has received final approval from the New York State Department of Financial Services (NYDFS).  Ripple CEO Brad Garlinghouse confirmed the development on Tuesday, stating on social media, “Exchange and partner listings will be live soon,” he said. The regulatory nod sets the stage for RLUSD to expand its […]