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RLUSD Stablecoin: Ripple Secures NYDFS Nod, XRP Jumps 9%

Coinedition LogoCoinedition1d ago

RLUSD Stablecoin: Ripple Secures NYDFS Nod, XRP Jumps 9% - Coinedition

Quick Summary:

Ripple gained NYDFS approval to launch its stablecoin, RLUSD, boosting the price of the XRP token by more than 9% in the past 24 hours.

This follows a massive crash in the cryptocurrency’s price, from a multi-year high of $2.70 to $2.30.

Ripple chief executive Brad Garlinghouse celebrated the NYDFS approval of the RLUSD stablecoin.[…]

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RLUSD Stablecoin: Ripple Secures NYDFS Nod, XRP Jumps 9% - Coinedition (Picture 1)

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Article Details

Author / Journalist: Anisha Pandey

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 07:40:00 (1 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 149 words

Reading Time: 1 minutes read

Sentences: 49 lines

Sentence Length: 4 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 24350082

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About Coinedition

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Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

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The story "RLUSD Stablecoin: Ripple Secures NYDFS Nod, XRP Jumps 9%" was covered 1 days ago by Coinedition, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 19 news stories per day.

It's most recent story was published 12 hours ago.

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  • URL: https://beamstart.com/news/rlusd-stablecoin-ripple-secures-nydfs-173390441718

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