Garlinghouse: NYDFS Regulator Approves Ripple’s RLUSD Stablecoin for Launch

Ripple CEO Brad Garlinghouse says the NYDFS has approved the launch of Ripple’s stablecoin RLUSD.
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Ripple’s stablecoin ambitions have just become a reality, as CEO Brad Garlinghouse said on X that regulators have approved the project. According to the post from 11 December, Australian Time, the New York Department of Financial Services (NYDFS) has given the go-ahead for the launch.