Ripple's RLUSD Stablecoin Officially Launches
Ripple Labs has officially launched its RLUSD stablecoin on global crypto exchanges. The stablecoin has been the subject of plenty of hype since the company’s unveiling earlier this year. Now, RLUSD is available to make near-instantaneous P2P payments on MoonPay, B2C2, Keyrock, Coinmena, and Archax. JUST IN: Ripple officially launches $RLUSD stablecoin. — Watcher.Guru (@WatcherGuru) December 17, 2024 Ripple Labs will enlist an independent auditing firm to create attestations of RLUSD reserve assets and then publish them monthly. Additionally, the company will add two high-profile former central bankers to its stablecoin advisory board to help with the rollout process. Further listings on Bitso; Bullish; Bitstamp; Mercado Bitcoin and Independent Reserve, Zero Hash, and others in the coming weeks. Ripple CEO Brad Garlinghouse announced last week that RLUSD sealed “final approval” from the New York Department of Financial Services, and would be coming soon without an exact release d...