Ripple launches stablecoin; Tether invests in EU lifeboats

Quick Summary:

Ripple says choosing NYDFS for its newly minted RLUSD will help increase the token's acceptance.

Elsewhere, Tether continues to look for relevance in the EU amid USDT's inaccessibility in the region.

The post Ripple launches stablecoin; Tether invests in EU lifeboats appeared first on CoinGeek.

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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets: CanadaBelarusIndiaMaltaUkraine

Topics: USDT EURT European Union Satellogic Markets in Crypto-Assets RLUSD Howard Lutnick New York Department of Financial Services Ripple Labs Stablecoins Europe Brad Garlinghouse Tether Cantor Fitzgerald Paolo Ardoino Alexander Lukashenko BVNK StablR Crypto Crime Cartel Business United States

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 11:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1928 words

Reading Time: 11 minutes read

Sentences: 64 lines

Sentence Length: 31 words per sentence (average)

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

Copyright Owner: © CoinGeek

News ID: 24536344

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