The cryptocurrency regulator of New York is close to approving the launch of a new Ripple stablecoin, Fox Business reports.

Sources said that the New York Department of Financial Services informed Ripple that it would approve the RLUSD stablecoin. Ripple is considering a possible launch date on December 4.

The cryptocurrency regulator of New York is close to approving the launch of a new Ripple stablecoin, Fox Business reports.

Sources said that the New York Department of Financial Services informed Ripple that it would approve the RLUSD stablecoin. Ripple is considering a possible launch date on December 4.

https://watcher.guru/news/ripple-xrp-stablecoin-set-for-approval-in-new-york