Ripple Labs Secures NYDFS Approval for RLUSD Stablecoin

Quick Summary:

Ripple Labs has secured final approval from the New York State Department of Financial Services (NYDFS) for its RLUSD stablecoin.

Ripple CEO Brad Garlinghouse announced the news on December 10, confirming that exchange and partner listings will follow shortly.  This just in…we have final approval from @NYDFS for $RLUSD!

Liquidity providers B2C2 and Keyrock will support RLUSD’s rollout, ensuring smooth market integration.

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: Ripple Market News Stablecoin RLUSD

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 06:25:39 (2 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 328 words

Reading Time: 2 minutes read

Sentences: 30 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24351416

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Official Website: thenewscrypto.com

Update Frequency: 21 posts per day

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News Last Updated: 19 hours ago

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