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New York Regulator To Approve Ripple’s Stablecoin On December 4th
Ripple is on the brink of launching its regulated stablecoin, RLUSD, with approval from the New York Department of Financial Services (NYDFS) expected soon.
According to FOX Business reports, the company has tentatively planned a December 4 launch. This will mark a significant step in Ripple’s expansion into New York’s tightly regulated digital finance space.
Read more here.
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