Ripple’s upcoming stablecoin is awaiting final approval from regulators. Users expected RLUSD to launch on Wednesday, Dec. 4. Ripple Labs CEO Brad Garlinghouse previously claimed

Ripple is in the process of obtaining approval for its stablecoin RLUSD in New York. This implies that the cross-border payment corporation will be permitted to participate in the regulated US crypto market.

Ripple's stablecoin RLUSD is likely to go live today, December 4, after securing approval from the New York Department of Financial Services.

Ripple was at the center of a legal storm in the past four years as the SEC hounded the fintech company over alleged securities violations over its $XRP sales, but in the past month, the company bounced back in what could be the biggest recovery of the year.

XRP Token loses its spot as the 3rd-largest cryptocurrency to USDT after a 6% drop amid Ripple's stablecoin launch delay.

Ripple Labs has conducted one of its largest RLUSD stablecoin burns onchain as conversations around potential launch grows

Ripple’s RLUSD stablecoin nears NYDFS approval, offering a stable alternative to XRP and positioning Ripple in the regulated stabl

Ripple labs is poised to launch its RLUSD stablecoin as NYDFS approval nears, aiming to strengthen its position in the U.S. digital market.

New York regulators are expected to approve Ripple Labs’ RLUSD stablecoin — a dollar-pegged asset backed by physical cash and short-term cash equivalents.

R ipple has clarified that despite ongoing speculation, it won’t launch its stablecoin, the $RLUSD, today. The firm stated it is keen to launch under the supervision of the New