Based on the most recent tweet on X, Ripple confirmed that its RLUSD stablecoin is just not launching at present, citing the necessity for remaining approval from the New York Division of Monetary Companies (NYDFS).
Regardless of some hypothesis, $RLUSD isn’t launching at present. We’re in lockstep with the NYDFS on remaining approval and can share updates as quickly as attainable.
We’re totally dedicated to launching beneath the supervision of NYDFS and upholding the very best regulatory requirements. Keep tuned…
— Ripple (@Ripple) December 4, 2024
Ripple writes, “We’re totally dedicated to launching beneath the supervision of NYDFS and upholding the very best regulatory requirements. Keep tuned for updates!”
