Ripple's CEO Brad Garlinghouse announced on Tuesday that the company received a green light from the New York Department of Financial Services (NYDFS) on the launch of its stablecoin RLUSD.
Ripple CEO stated that the
. can now go live on major exchanges. is live, you’ll hear it from @Ripple first. — Brad Garlinghouse December 10, 2024 Ripple first announced 's launch will create several tailwinds for tokens to the Binance exchange in the past month — the highest since April 2024. This indicates potential selling activity from these large holders.
— rise or decline — over the past month is majorly because of its thin liquidity despite having a strong market capitalization. maintains its recent uptrend, it could reclaim the $2.58 level and retest the resistance near the $3 psychological level, where it previously witnessed heavy selling pressure.
? therefore facilitates trustless and instant payments on the to power transactions. The ledger is different from other blockchains as it has a built-in inflammatory protocol that helps fight spam and distributed denial-of-service attacks. The uses the interledger standard. This is a blockchain protocol that aids payments across different networks. For instance,
SEO Cryptocurrencies Technical Analysis
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York Approves Ripple's Stablecoin RLUSD, Paving Way for Major Crypto PlayerRipple's stablecoin, RLUSD, is set to be approved by New York's Department of Financial Services, positioning the company as a leading figure in the regulated digital finance market. Despite Ripple's efforts, its native token XRP faces ongoing regulatory challenges.
Read more »
Ripple President Clarifies RLUSD Stablecoin Demand Ahead of LaunchRipple President Monica Long discusses thriving stablecoin market
Read more »
Ripple Suddenly Burns 53 Million RLUSD Ahead of Stablecoin LaunchRipple's massive stablecoin burn sets stage for explosive market entry
Read more »
Ripple Accelerates Stablecoin Launch With RLUSD Transfers to Unknown Ethereum WalletsRipple unleashes RLUSD stablecoin in mysterious Ethereum transfers
Read more »
Ripple Mints Gigantic 10.5 Million RLUSD Stablecoin in One GoRipple mints fresh RLUSD to boost its ongoing testing
Read more »
Ripple's RLUSD Stablecoin May Cross Final Hurdle With NYDFS SoonRipple's RLUSD stablecoin is in spotlight amid claims of approval
Read more »